BREAKING: President Trump announces new tariffs on dozens of countries

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President Trump announced new 10% to 12.5% tariffs on 60 countries over accusations of "forced labor." Those new duties will take effect at 12:01 a.m. ET on Friday morning.
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AI GeneratedPresident Trump has announced new tariffs ranging from 10% to 12.5% on dozens of countries, citing forced labor as the primary justification. These measures replace previous global tariffs that were set to expire, as the administration seeks new legal authorizations to maintain its trade policies following a Supreme Court ruling that struck down previous retaliatory tariffs.
President Trump, just in the last few minutes, announced new tariffs on dozens of countries.
These are 10 to 12 percent or 12 and a half percent tariffs.
NBC's Gabe Gutierrez is at the White House.
Gabe, this new release cites forced labor as the reason for the tariffs.
What else are they saying about this?
And you and I talked about this a few days ago.
The Supreme Court just essentially said his previous tariffs were illegal.
So how is he going about this?
Well, Tom, look, the administration is trying to find out any authorization it can in order to
extend tariffs against a wide range of countries.
So we have to understand with these latest tariffs, there was some global tariffs that
the administration had imposed back in February.
Those were set to expire at midnight tonight.
And so there was a months-long investigation, the administration says,
was conducted into dozens of countries, around 80 countries.
And so these new tariffs will now replace the old ones that were set to expire at midnight.
The administration says it is using Section 301 of the Trade Act of 1974
in order to impose these tariffs.
Again, they range from 10 percent to 12 and a half percent across dozens of countries.
And this all comes, you're right, Tom,
after the Supreme Court had struck down those retaliatory tariffs
that the administration imposed last year.
But the White House is right now trying to figure out how to keep imposing tariffs
using different authorizations based on, you know, different,
it's using different justification for these tariffs, trying to keep them in place, Tom.
And real quickly, not a lot of time, but do we expect this will also go to the Supreme Court?
Well, hard to know at the Supreme Court.
It might face some legal challenges, certainly.
Different, many different organizations, small businesses have been thoroughly opposed
to this administration's tariff policies and is likely to face legal challenges, yes.
Gabe Gutierrez with the White House.
Gabe, thank you.
We thank you for watching.
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