President Donald Trump is preparing to announce a new round of tariffs targeting dozens of countries, utilizing a legal workaround to bypass the imminent expiration of the current temporary 10% global tariff.
The move, reported by Handelsblatt, signals an intent to sustain pressure on international trade partners even as the existing statutory basis for the broad-based duties runs out.
The temporary 10% global tariff, imposed earlier in the year, has been a central driver of volatility in global supply chains and currency markets.
The development comes as markets have been pricing in the potential for renewed trade friction.
The temporary 10% global tariff, imposed earlier in the year, has been a central driver of volatility in global supply chains and currency markets.
By identifying a new regulatory or executive pathway, the administration aims to keep the leverage intact without waiting for new legislative action.
This escalation follows earlier reports from the Financial Times that the White House was preparing to unveil these measures as early as this week.