Fast Thinking

July 24, 2026 • 11:56 am ET

Atlantic Council

They’re built to last. The Trump administration on Thursday announced tariffs between 10 percent and 12.5 percent on sixty training partners around the world. These new tariffs under Section 301 of the Trade Act of 1974 will replace the global tariffs struck down earlier this year by the US Supreme Court—and are designed to be much more legally durable. To dig into the reasoning behind these tariffs and what they mean for the global economy, we turned to our leading tariff watchers.

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