US Imposes 12.5 Percent Tariff on Egypt Under New Trade Measures

The United States imposed a 12.5% ​​tariff on Egyptian goods as part of a new round of targeted trade measures. around 60 business partners which came into force on Friday 24 July.

According to For the US administration, the tariffs are linked to a Section 301 investigation that examines whether countries have taken sufficient action to prevent goods produced through forced labor from entering their supply chains.

Countries that do not have a ban on the import of forced labor, including Egypt, are subject to a higher rate of 12.5 percent While those with stronger enforcement measures face a 10% tariff.

US Trade Representative, Jamieson Greer, said in a statement He said The United States has banned imports of forced labor for nearly a century, and the new measures are intended to encourage trading partners to adopt similar standards.

The tariffs, which range from 10% to 12.5%, replace a temporary global tariff introduced earlier this year. countries with The tariffs will be applied to existing trade agreements with Washington, including the European Union, Japan, South Korea, Switzerland and Taiwan, in line with those agreements.

These measures exempt products already subject to sector-specific tariffs, such as steel, aluminium, automobiles and pharmaceuticals, as well as some energy products, food, fertilizers and commodities covered by the United States-Mexico-Canada Agreement.

The latest tariffs are part of a broader effort by the Trump administration to reshape US trade policy through new import tariffs and trade investigations targeting several major trading partners.

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