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U.S. President Donald Trump is reportedly lining up a new round of tariffs on dozens of countries that could be unveiled as early as this week, as a temporary 10% global tariff is due to expire on Friday, July 24.
The first wave of new duties is expected to remain broadly in line with the current 10% tariff rate. At the same time, administration officials are pursuing separate investigations that could provide the legal basis for imposing higher tariffs on selected trading partners, FT reported.
Trump introduced the temporary 10% global tariff after the U.S. Supreme Court struck down Trump's earlier broad-based tariffs imposed under emergency powers, forcing the administration to quickly adopt an alternative legal route.
The administration relied on Section 122 of the Trade Act of 1974, which allows tariffs to remain in place for up to 150 days. With Congress considered unlikely to extend the measure, the White House is expected to replace the temporary duties with more lasting tariffs that could be announced within days.
One option under review is Section 301 of the Trade Act of 1974, which allows the president to investigate and respond to what the United States considers unfair trade practices or violations of international trade agreements.
One of the key investigations expected to support the next wave of tariffs focuses on forced labor in global supply chains.
The investigation recommends a 10% tariff on imports from 14 countries and the European Union, while another 45 countries, including China, could face 12.5% duties. Public consultations on the proposal have already taken place, clearing the way for potential implementation after the current tariffs expire.
The administration is also examining global manufacturing overcapacity, another probe that could justify additional tariffs on countries accused of distorting international markets through excessive industrial subsidies or production.
The expected measures would build on a broader expansion of Trump's trade agenda in recent weeks.
Last week, the administration imposed new 25% tariffs on many Brazilian imports under Section 301 after a yearlong investigation into unfair trade practices.
The move marked the first major test of the administration's post-ruling tariff strategy and is expected to provide a blueprint for future actions against other trading partners as the White House shifts from emergency powers to Section 301 investigations.
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