US to impose 10-12.5% tariffs on 60 partners including EU from Friday

The United States will impose new tariffs of 10% and 12.5% on approximately 60 trading partners starting this Friday, a move that includes the European Union among the targeted economies.

The Trump administration announced the measures on Thursday, framing them as a necessary response to what it describes as inadequate enforcement of forced-labor prohibitions by foreign governments.

5% rate, which could disrupt established export flows and prompt retaliatory considerations from Brussels.

The broad scope of the tariffs marks a significant escalation in US trade policy, expanding the reach of previous measures.

By targeting a large cohort of partners simultaneously, Washington is signaling a shift toward a more aggressive stance on labor standards in global supply chains.

The European Union, a major trading partner, faces the 12.5% rate, which could disrupt established export flows and prompt retaliatory considerations from Brussels.

Market participants are likely to assess the immediate impact on sectors heavily reliant on cross-border trade, particularly manufacturing and consumer goods.