The United States has imposed new tariffs of 10% and 12.5% on imports from 60 trading partners, including the European Union, citing inadequate enforcement of forced labour bans.
The duties take effect on Friday, replacing temporary levies that were set to expire, according to reports from The Globe and Mail.
The move replaces temporary measures that were set to expire on Friday, following a Supreme Court ruling that had cast doubt on the administration's authority to maintain them indefinitely.
The new tariffs are framed as a continuation of existing policy rather than a fresh escalation, but the legal shift from temporary to permanent duties introduces new uncertainty for global supply chains.
Markets are likely to scrutinize the impact on sectors with heavy exposure to US imports, particularly industrials and consumer goods.
The broad scope of the tariffs, covering 60 partners, suggests a wide-ranging impact on trade flows and cost structures.