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USTR Signals 12.5% Forced-Labor Tariffs as 10% Expiry Looms

7/21/2026

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Story summary
  • U.S. Trade Representative (USTR) Jamieson Greer told CNBC the administration expects to announce new tariffs soon.
  • The 10% tariff imposed by President Donald Trump in February under Section 122 expires at 12:01 a.m. ET on Friday unless Congress acts.
  • The USTR proposed Section 301 tariffs 12.5% on imports from 60 economies, covering 99% of U.S. trade to combat forced-labor violations and noted U.S. law bans such goods while most other countries lack enforcement.