Trump finalizes new tariffs on dozens of countries

The Trump administration finalized new tariffs ranging from 10 to 12.5 percent on 60 countries, targeting trading partners' efforts to address forced labor in supply chains. The tariffs replace those invalidated by the Supreme Court in February and take effect as a temporary global tariff expires. Countries like Canada, the EU, and the UK face 10 percent duties, while China, Japan, and South Korea face 12.5 percent.