US Proposes New Tariffs on 60 Countries — Canada Faces 10%, China Faces 12.5%, Hearings Begin Today

US Proposes New Tariffs on 60 Countries — Canada Faces 10%, China Faces 12.5%, Hearings Begin Today. BREAKING: The US just proposed new tariffs on 60 countries, with Canada facing 10% and China facing 12.5%, as public hearings began today, July 7, 2026. This video breaks down exactly what's happening — the Section 301 forced-labor investigation behind it, why Canada and China landed in different tariff tiers, the July 24 deadline that forces a decision, and how this could affect prices on electronics, apparel, furniture, and groceries. We cover what USTR Trade Representative Jamieson Greer said, how China's Foreign Ministry responded, and what investors, importers, and everyday consumers should actually watch next. No hype, no fear-mongering — just sourced facts from official USTR filings and credible reporting, explained in plain English. Subscribe to WEALTH HACK for more clear, fact-based breakdowns of the financial news that actually affects your wallet. #Tariffs #TradeWar #USTR #Canada #China #Economy #Finance #Inflation #Tariffs2026 #TradeNews #Investing #Section301 #GlobalTrade #Business #Money