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Trump Administration Prepares New Wave of Tariffs on Dozens of Trading Partners. The Trump administration is preparing a new round of tariffs on dozens of trading partners as temporary import duties introduced earlier this year are due to expire this week. US Trade Representative Jamieson Greer said the administration is considering imposing new tariffs on around 60 countries after an investigation concluded they had failed to prevent forced labour. The existing 10% tariffs are scheduled to expire on Friday after being implemented as a temporary measure following legal challenges to earlier duties. Greer has not confirmed when any new tariffs will take effect or whether they will match the current 10% rate, but said the administration intends to act son. The proposed measures come alongside other recent trade actions, including Trump's announcement of new tariffs on Canadian and Brazilian goods. Businesses have warned that another shift in US trade policy could create further uncertainty for importers and push up prices for consumers. However, analysts expect markets to react less sharply than they did to previous tariff announcements.
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