WASHINGTON, United States — The U.S. government is preparing a new set of targeted trade tariffs as a temporary 10% global import levy expires on Friday, July 24, 2026. The expiring duty was introduced earlier in the year after a February Supreme Court ruling struck down a prior wave of executive trade actions. According to administration officials, the replacement measures will emphasize forced labor issues and supply chain compliance, with tariffs expected to range between 10% and 12.5% on selected imports. The shift is raising concerns among foreign partners, commodities markets, and U.S. business groups about potential retaliation and higher import costs.

Prepared by Christopher Adams and reviewed by editorial team.