Trump administration to impose new tariffs of 10 to 12.5 percent on over 60 countries

Shipping containers are stacked on a cargo ship at the port of Oakland in Oakland, California, US, Feb 24, 2026. [Photo/Agencies]

President Donald Trump's administration announced on Thursday that it will impose new tariffs of from 10 to 12.5 percent on over 60 trade partners, including China, starting on Friday, to replace other temporary duties that will lapse overnight.

The new tariffs will begin at 12.01 am EST on Friday, just as the prior 10 percent tariffs, enacted in February, are set to expire.

It is expected that China will likely face additional levies of 12.5 percent on some products, as will another 43 countries, including Japan, South Korea and Australia, Politico reported.

At least 17 trade partners including Canada, the European Union, Indonesia, the United Kingdom and Mexico will face a 10 percent duty on some products. This fee plan was initially laid out by the Office of the United States Trade Representative after it carried out an investigation.