Trump Imposes 60% Tariffs on 60 Countries

Donald Trump is reportedly preparing to impose new tariffs on imports from up to 60 countries as early as the 24th, according to South Korean media outlets. The potential measures, which could trigger a fresh round of global trade tensions, are being considered under the authority of the U.S. Trade Representative’s “Super 301” clause or other provisions, a provision that allows the administration to retaliate against foreign trade practices deemed unfair.

The news emerged amid heightened concerns in South Korea. The Blue House, the South Korean presidential office, stated that the U.S. “may impose additional tariffs using the Super 301 clause or other provisions,” according to a report by Kyunghyang Shinmun. A separate statement from the office noted that any new tariffs would likely remain below the agreed tax rate.

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White House Statements
The U.S. Trade Representative’s office has not issued an official statement on the potential tariffs, but multiple South Korean outlets cited unidentified U.S. government officials as confirming the plan. YTN, a South Korean television network, reported that Canada and South Korea are concerned about the tariffs.

Canadian officials have already expressed concern over the potential measures.

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South Korea’s Concerns
The Blue House has emphasized that “any new tariffs must align with existing trade agreements to avoid destabilizing global markets.”

The 15% upper limit for South Korean exports, mentioned in YTN’s report, reflects a test of the limit.

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Global Context
The potential tariffs come amid a broader shift in U.S. trade policy.

The current plan also echoes a move to impose new tariffs.

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Next Steps
As of now, no official timeline has been released for the potential tariffs, but South Korean and Canadian officials have indicated they are preparing for a rapid escalation. The U.S. Trade Representative’s office is expected to provide further details, according to Yonhap News.

The situation remains fluid, with markets closely watching for developments. For now, the focus is on whether the U.S. will proceed with the tariffs and how trading partners will respond.

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“The U.S. must ensure that any new tariffs do not disrupt global supply chains or harm American consumers,” said a spokesperson for the U.S. Chamber of Commerce.
Source
U.S. Chamber of Commerce statement, July 22, 2026.