Key facts
- Donald Trump has imposed new tariffs on over 80 countries.
- The new tariffs range from 10% to 12.5%.
- The tariffs are justified under Section 301 of the Trade Act of 1974, targeting countries engaged in forced labor.
- Affected countries include the UK, Mexico, Canada, Australia, India, China, and the 27 EU member states.
- The move replaces a previous 10% global duty.
President Donald Trump has implemented a fresh round of tariffs on more than 80 countries, replacing a 10% global duty that was set to expire. The new tariffs, which range from 10% to 12.5%, target countries including the UK, Mexico, Canada, Australia, India, China, and the 27 member states of the European Union.