On July 24, 2026, the United States implemented a new round of customs tariffs targeting approximately 60 economies, including the European Union, the United Kingdom, Mexico, Canada, Japan, South Korea, and Australia. The levies, ranging from 10% to 12.5%, affect various imported goods while excluding energy and raw materials. Countries perceived as having taken some steps to combat forced labor are subject to the 10% rate, while others face the higher 12.5% duty.

These tariffs follow a months-long investigation conducted by U.S. Trade Representative Jamieson Greer. The measure replaces temporary 10% tariffs that were introduced by the Trump administration in February following a Supreme Court ruling that invalidated previous trade restrictions. Government officials stated they remain unconvinced that affected nations will address forced labor concerns, indicating a readiness to maintain the current tariffs indefinitely.

International reactions have been swift and critical. The Australian Minister for Trade, Don Farrell, described the measures as unjustifiable and incompatible with existing free trade agreements. Similarly, the Japanese government expressed regret over the decision. The investigation and subsequent tariff enforcement serve as the latest development in ongoing trade policy shifts under the current U.S. administration.