4d โข General discussion
๐๐ผ๐ฟ๐ฐ๐ฒ๐ฑ ๐๐ฎ๐ฏ๐ผ๐ฟ ๐ฆ๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐ฏ๐ฌ๐ญ ๐ง๐ฎ๐ฟ๐ถ๐ณ๐ณ๐ ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐๐๐น๐ ๐ฎ๐ฐ, ๐ฎ๐ฌ๐ฎ๐ฒ
On July 23, 2026, the Office of the U.S. Trade Representative (USTR) announced a final Section 301 action, imposing tariffs on 60 economies for their failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.
As a result, USTR is imposing additional tariffs on all products of the investigated economy, with certain exemptions as provided in Annexes I and II.
โข 10%: Argentina, Bangladesh, Cambodia, Canada, Ecuador, El Salvador, Guatemala, Honduras, India, Indonesia, Jordan, Malaysia, Mexico, Pakistan, Sri Lanka, Trinidad and Tobago, and the United Kingdom.
โข 10% net of MFN rate: For non-exempted products from European Union and Taiwan, if MFN rate is less than 10%, the sum of the MFN rate and Section 301 tariff shall be 10%; if MFN rate is greater than or equal to 10%, the Section 301 tariff shall be 0%.
โข 12.5% net of MFN rate: For non-exempted products from Japan, Korea, and Switzerland, if MFN rate is less than 12.5%, the sum of the MFN rate and Section 301 tariff shall be 12.5%; if MFN rate is greater than or equal to 12.5%, the Section 301 tariff shall be 0%.
โข 12.5%: All other investigated economies.
๐จ๐ฆ๐ ๐๐ ๐ง๐ฟ๐ฒ๐ฎ๐๐บ๐ฒ๐ป๐
Products of Canada and Mexico that qualify for duty-free treatment under the USMCA are exempt from the new forced labor Section 301 tariffs. In addition, certain USMCA-qualifying passenger vehicle and light truck parts remain eligible for the import adjustment offset, excluding automobile knock-down kits and parts compilations.
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๐๐ผ๐ฟ๐ฐ๐ฒ๐ฑ ๐๐ฎ๐ฏ๐ผ๐ฟ ๐ฆ๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐ฏ๐ฌ๐ญ ๐ง๐ฎ๐ฟ๐ถ๐ณ๐ณ๐ ๐๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐๐ฒ ๐๐๐น๐ ๐ฎ๐ฐ, ๐ฎ๐ฌ๐ฎ๐ฒ
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