Washington plans new global tariffs as stopgap expires
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The U.S. administration under President Donald Trump is preparing to impose a new round of broad import tariffs before a temporary 10 percent global duty measure expires on Friday, July 24, 2026. Officials say the move is intended to avoid any legal or operational gap in the federal tariff regime after a 150‑day stopgap, adopted when the Supreme Court blocked prior trade actions in February. The Office of the U.S. Trade Representative, led by Jamieson Greer, has drafted new schedules targeting about 60 trading partners, including China, India, Japan, South Korea and the European Union, with added levies of 10 to 12.5 percent on top of existing duties.
More context
Timeline
- February 2026 Supreme Court blocks earlier trade measures
- Early 2026 Temporary 10 percent global duties enacted
- Spring 2026 Investigations assess trade and labor practices
- Mid 2026 USTR drafts updated tariff schedules
- July 2026 Stopgap tariff authority nears expiration
- July 24 2026 New tariff wave expected to begin
- Following weeks Affected countries review possible responses
Why it matters
New tariffs mean higher costs for imported goods. You might see prices rise on items from affected countries. It's a good time to review your budget and spending habits.
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
