Trump Tariff Push
The White House is moving to expand Trump’s global tariff campaign again.
Summary
President Donald Trump is preparing tariffs on as many as 60 countries as soon as Friday, before his 10% global import duty expires later this week. U.S. Trade Representative Jamieson Greer said Tuesday to expect “action soon,” and options include new duties of 10% to 12.5%. The February levy used Section 122 of the Trade Act of 1974 after the Supreme Court blocked Trump’s emergency tariffs. Mexico resumed USMCA revision talks with Washington on July 21 as Canada faces a 50% duty on wine, hockey sticks and other goods.
The Coverage
Renewed tariff push
Trump is gearing up for another round of tariff threats even after his earlier trade agenda suffered a serious Supreme Court setback. The renewed push brings back a deeply unpopular policy and may be intended as leverage rather than as a plan certain to be implemented.
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