US Proposes New Tariffs on Imports from China, Israel, UAE, and Saudi Arabia
Trump slaps fresh tariffs on China, Israel, UAE, Saudi

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The US Trade Representative has proposed new tariffs of up to 12.5% on imports from 60 countries, including China, Israel, and Saudi Arabia, due to failures in enforcing prohibitions on goods made with forced labor. A two-tier tariff structure is established based on compliance levels.
- 01Tariffs of up to 12.5% target 60 economies for failing to prohibit forced labor imports.
- 02A two-tier structure will apply: 10% for compliant countries and 12.5% for non-compliant ones.
- 0354 out of 60 economies have not imposed any prohibition on forced labor imports.
- 04Public comments on the proposed tariffs are due by July 6, with hearings scheduled for July 7.
- 05This tariff proposal follows previous threats that significantly impacted the crypto market.
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On June 2, the Office of the United States Trade Representative announced a proposal for new tariffs of up to 12.5% on imports from 60 economies, including significant trading partners like China, Israel, the United Arab Emirates, and Saudi Arabia. This action stems from these countries' failure to effectively prohibit the importation of goods produced with forced labor, as outlined under Section 301 of the Trade Act of 1974. The proposed tariffs will implement a two-tier structure: countries with partial or full prohibitions on forced labor imports will incur an additional 10% duty, while those without will face 12.5%. Of the 60 targeted economies, 54 have not enforced any prohibitions, while six others have ineffective measures. Written comments on the proposal are due by July 6, and public hearings are set for July 7. The implications of these tariffs are particularly noteworthy for the crypto market, which has previously reacted sharply to tariff announcements, as seen in October 2025 when a threat from President Trump led to a $19 billion loss in the sector.
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The proposed tariffs could lead to increased costs for imported goods, affecting consumers and industries reliant on these imports.
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