US Poised to Unveil New Tariffs by Week’s End to Seal Policy Gap

The Trump administration is preparing to impose fresh tariffs by Friday on dozens of trading partners, aiming to preserve its tariff regime after a stopgap 10% duty lapses. The plan would likely apply 10% duties on dozens of economies (with 12.5% levies on others) under forced-labor and trade acts, with ongoing deliberations and potential adjustments from the initial proposal; some measures such as 50% tariffs on Canadian goods and 25% on Brazilian products have already been floated. Final details, hearings, and timing remain uncertain as the administration seeks to avoid a gap between the stopgap and new duties.