The White House is preparing new tariffs targeting dozens of countries, according to the administration's latest trade policy moves. The temporary 10% global tariff, which has been in place, is scheduled to expire on July 24.
What the new tariffs cover
The new measures would apply to dozens of countries, though specific nations and tariff rates have not been disclosed. The expiration of the current 10% global tariff creates a deadline for the administration to finalize the new policy.
Timeline and next steps
With the July 24 expiration date approaching, the administration is working to implement the new tariffs before the current levy lapses. The scope of the new tariffs remains unclear.
