Trump Administration Imposes 10-12.5% Tariffs on 60 Trading Partners

The Trump administration will levy tariffs of 10% to 12.5% on 60 U.S. trading partners, effective immediately as existing 10% duties expire on Friday.

The new tariff rates represent a modest increase from the levies they replace. The breadth of the action—targeting nearly 60 countries across most major trading relationships—signals an expansive approach to trade policy that extends beyond the selective tariff regimes of the previous administration.

The tariffs will apply across a substantial portion of U.S. imports, though the administration has not yet detailed which specific product categories or sectors face the highest rates within the 10-12.5% range. Such granular information typically emerges in regulatory filings over the following weeks.

Markets have shown sensitivity to tariff announcements in recent months, with traders monitoring whether the administration will carve out exemptions for allies or critical supply chains. The immediate replacement of expiring duties suggests continuity of existing trade pressure rather than a negotiated pause.

Across Asia-Pacific, exporters to the U.S.—particularly manufacturers in electronics, textiles, and automotive components—face direct cost pressures. Countries heavily dependent on American imports of raw materials and agricultural goods may also see demand shifts as U.S. importers adjust purchasing patterns in response to higher landed costs.