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New U.S. Tariffs Impact 18 Latin American and Caribbean Nations

KVIA•Friday, July 24, 2026 at 12:14 AM•CNN Newsource

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AI Summary

The U.S. government has announced new tariffs ranging from 10% to 12.5% on 18 countries in Latin America and the Caribbean, citing insufficient actions to combat forced labor in supply chains. This decision, affecting a total of 60 economies including the EU, aims to address human rights abuses and trade distortions. Among the countries impacted, Mexico, Guatemala, and Honduras will face a 10% tariff, while others like Brazil and Venezuela will see a 12.5% rate. Mexico's government downplayed the impact, stating that 85% of its exports to the U.S. will remain tariff-free under the USMCA agreement. Brazil, however, plans to challenge the tariffs through the World Trade Organization, arguing the measures lack legal justification.

Key Details: • Tariffs of 10% imposed on Mexico, Guatemala, and Honduras. • 12.5% tariffs for Brazil, Venezuela, and others. • Mexico maintains tariff-free status for 85% of its exports under USMCA. • Brazil to respond legally through the World Trade Organization. • U.S. aims to combat forced labor in global supply chains.

trade tariffs latin-america forced-labor usmca

People & Organizations

Donald TrumpColombiaMexicoLuiz Inácio Lula da SilvaBrazilJamieson GreerUSTRWorld Trade Organization

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