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US Imposes Fresh Tariffs on 60 Countries Including China and EU

economy-finance · 2026-07-24

The United States imposed a new wave of tariffs on 60 countries late Thursday, including China, Japan, South Korea, India, and European Union member states. The move came hours before a temporary 10 percent blanket levy was set to expire. This escalation marks a significant expansion of US trade actions, targeting a broad coalition of nations across Asia and Europe. The tariffs are part of ongoing trade tensions, particularly with China, and are expected to impact global supply chains and economic relations. The announcement was reported by the South China Morning Post as part of their weekly highlights, which also covered a new Chinese AI model and a Singapore minister's resignation.

Key facts

  • US imposed fresh tariffs on 60 countries late Thursday
  • Countries affected include China, Japan, South Korea, India, and EU member states
  • Temporary 10 percent blanket levy was due to expire hours after the announcement
  • The tariffs target a broad coalition of nations across Asia and Europe
  • The move escalates US trade tensions, particularly with China
  • Expected to impact global supply chains and economic relations
  • Reported by SCMP as part of their weekly highlights
  • Other highlights include a new Chinese AI model and a Singapore minister's resignation

Entities

Institutions

  • South China Morning Post

Locations

  • United States
  • China
  • Japan
  • South Korea
  • India
  • European Union

Sources