Donald Trump has implemented a new 10% import tariff on the UK. The tariff will be applied to UK goods following the expiration of time-limited levies imposed by the president in response to a Supreme Court ruling. The decision was confirmed by a US trade representative.
The US has imposed new tariffs on the UK and 59 other trading partners, alleging a failure to prevent forced labor practices. Ranging from 10% to 12.5%, these tariffs are directed at major economic allies such as the UK, EU, Canada, Japan, and India. The implementation of these tariffs is scheduled for Friday, July 24.
This move marks the latest development in the ongoing trade tensions that reignited when Trump began his second presidential term. Following a Supreme Court decision last year that deemed global tariffs unauthorized, the president has pursued alternative legal routes to advance his trade agenda.