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Washington Revives Broad Tariffs

Over the next 3-6 months the US rebuilds a broad tariff regime—starting with 10-12.5% duties on ~60 economies over forced labor—reshaping trade relations after the Supreme Court struck down an earlier set.

strengthening · confidence 67 · Medium term (3-9 months) · tracking since June 3, 2026 · updated June 15, 2026

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Trump Threatens 100% Tariff on French Wine and Champagne Over Digital Tax

Trump Threatens 100% Tariff on French Wine and Champagne Over Digital Tax

The threat, delivered as Group of Seven leaders gathered, reopens a transatlantic fight over how to tax large technology firms.

2 sources
Corroborated

Confirms · Trump threatened a 100% tariff on French wine and champagne over France's digital tax, widening the tariff push to a transatlantic front at the G7.

India Defends Russian Oil Purchases and Says Washington Once Asked for Them

India Defends Russian Oil Purchases and Says Washington Once Asked for Them

Foreign Minister S. Jaishankar told a forum in Finland that the United States had urged India to keep buying Russian crude to steady markets, then imposed tariffs over the same purchases.

2 sources
Plausible

Confirms · Washington imposed tariffs on India over its Russian oil purchases, and China publicly urged major economies to keep markets open ahead of summits that could clash with Europe.

German Exports Rise Again, but Industry Stays Stuck

German Exports Rise Again, but Industry Stays Stuck

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1 source

Confirms · German industry output disappoints as US tariffs reduce demand, showing the tariff regime biting key exporters.

Indonesia Pursues Tariff Relief From Washington and a Trade Pact With Europe

Indonesia Pursues Tariff Relief From Washington and a Trade Pact With Europe

Jakarta says it may win 18 exemptions from United States tariffs while targeting ratification of its European Union trade agreement this year.

2 sources

Confirms · Indonesia seeks 18 exemptions from US tariffs while racing to ratify an EU trade pact, showing the revived tariff regime forcing bilateral concessions.

Rémy Cointreau Profit Falls 35 Percent as Tariffs Hit China and United States Sales

Rémy Cointreau Profit Falls 35 Percent as Tariffs Hit China and United States Sales

The French spirits maker's shares rose more than 10 percent on expectations that the worst of the decline has passed.

1 source

Confirms · Rémy Cointreau profit falls 35% as US and China tariffs bite, showing the revived duties hitting corporate earnings.

Washington Proposes Forced-Labor Tariffs on 60 Economies, Reviving a Broad Duty Regime

Washington Proposes Forced-Labor Tariffs on 60 Economies, Reviving a Broad Duty Regime

The plan would add 10 to 12.5 percent duties on most major trading partners, and Brazil's president says the United States, not Brazil, is the one running a surplus.

2 sources
Corroborated

Confirms · Washington formally proposes 10-12.5% forced-labor duties on ~60 economies, the broad regime the thesis anticipated.

Washington Revives Broad Tariffs, Targeting 60 Economies Over Forced Labor

Washington Revives Broad Tariffs, Targeting 60 Economies Over Forced Labor

The Office of the United States Trade Representative proposed duties of 10 to 12.5 percent on most major trading partners. It is the office's first broad tariff action since the Supreme Court struck down an earlier set.

2 sources
Corroborated

Confirms · USTR proposed 10-12.5% duties on most major trading partners, its first broad tariff action since the Supreme Court voided an earlier set.