Trump moves to roll out fresh tariffs in latest trade push

1 min read
Source: The Guardian
Trump moves to roll out fresh tariffs in latest trade push
Photo: The Guardian
TL;DR Summary

President Trump's White House will unveil the next phase of a hardline tariff strategy amid talk of sweeping new duties, following a Supreme Court ruling that many existing tariffs were illegal. The administration had replaced those with a 10% global tariff regime that expires Friday, and US Trade Representative Jamieson Greer is expected to announce further steps. Proponents say tariffs could revive domestic industry and jobs, but critics warn higher prices for consumers and persistent inflation. Greer has defended tariffs, saying they have not raised prices, even as core inflation runs around 2.6% year over year and overall inflation remains elevated. More details expected soon.

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