Trump eyes new tariffs to shield industries as living costs bite Americans

1 min read
Source: The Independent
Trump eyes new tariffs to shield industries as living costs bite Americans
Photo: The Independent
TL;DR Summary

The Trump administration is pushing a fresh round of tariffs, including potential Section 301 duties and revived Section 122 levies, as hearings begin on whether to impose them to boost revenue and protect domestic producers. The probes target about 60 economies and 16 trading partners (including China, the EU and Japan), potentially covering a large share of imports. The move follows a Supreme Court ruling that limited the use of past tariffs, and observers warn any new duties could face court challenges while risking higher prices for consumers amid ongoing living-cost pressures and looming midterm politics.

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