US Implements New 10%-12.5% Tariff Schedule Following Expiration of Global Penalty

The United States has transitioned to a new tariff structure ranging from 10% to 12.5% following the expiration of a previous 10% global penalty tariff. It remains unclear which specific sectors or trading partners are subject to the higher 12.5% tier versus the 10% baseline. This shift signals a continuation of protectionist trade policy and potential inflationary pressure on imported goods.