The Latest: Trump issues new double-digit tariffs on 60 countries

President Donald Trump announced new 10% to 12.5% tariffs on imports from 60 countries, citing inadequate enforcement of forced labor bans. Exemptions include oil, gas, and products under the US-Mexico-Canada Agreement. A nuclear deal with Saudi Arabia is linked to Israel normalization through the Abraham Accords, while Yemen’s Houthi rebels attacked Saudi oil tankers, spiking oil prices to $100 a barrel.