US Sets New Tariffs of 10-12.5% on Imports from Major Trading Partners

The United States is set to impose new tariffs ranging from 10% to 12.5% on imports from most of its major trading partners, according to FX Street. This move marks a significant adjustment in US trade policy aimed at reshaping the country's tariff framework.

Bloomberg reports that this development represents the most substantial effort yet to rebuild the tariff wall originally established under former President Donald Trump. The previous structure had been challenged and pierced by the Supreme Court, prompting this latest policy response.

For Japanese investors and markets, these new tariffs could increase volatility in FX and equities, especially given Japan's deep trade ties with the United States and its role in global supply chains.