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According to people familiar with the matter, US President Trump is preparing to impose new tariffs on goods from dozens of economies no later than Friday. The move is aimed at ensuring that the tariff system can be maintained even if the temporary 10% global tariff expires. The Trump administration proposed last month to impose new tariffs of at least 10% on 60 trading partners on the grounds of forced labor. People familiar with the matter said the president's team is preparing to implement these tariffs before the end of this week, but it's unclear whether the final tax rate will deviate from the original proposal.

Zhitongcaijing·07/21/2026 20:25:23
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According to people familiar with the matter, US President Trump is preparing to impose new tariffs on goods from dozens of economies no later than Friday. The move is aimed at ensuring that the tariff system can be maintained even if the temporary 10% global tariff expires. The Trump administration proposed last month to impose new tariffs of at least 10% on 60 trading partners on the grounds of forced labor. People familiar with the matter said the president's team is preparing to implement these tariffs before the end of this week, but it's unclear whether the final tax rate will deviate from the original proposal.