Donald Trump's 10% Global Tariff Expired on July 24. Its Section 301 Replacement Covers 60 Countries at Rates of 10% to 12.5%.

A temporary 10% global tariff expired on July 24 and was immediately replaced with new Section 301 duties covering 60 trading partners at 10-12.5% rates. The shift to Section 301 provides stronger legal footing, making these tariffs far more durable and likely permanent. Import-reliant companies face ongoing margin pressure, while domestic producers gain a competitive edge.