politics
Trump to Announce Tariffs Replacing Expiring 10 Percent Duties This Week
President Trump is preparing to announce new tariffs on dozens of countries this week. The duties would replace the administration's current 10 percent tariffs once those levies expire later in the week.
Jul 21, 9:11 AM·1m read3 sources
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President Trump plans to replace the administration's current 10 percent tariffs with new duties on dozens of countries once the existing levies expire later this week. Advisors have warned against the announcement. They cited concerns that the move could repeat the economic shocks of the original trade war ahead of the midterm elections.
The Trump administration is also conducting other investigations. Those probes could establish the legal authority needed to propose higher tariffs.
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CorroborationLimited · 3 sources
