World

Trump prepares fresh tariffs on dozens of countries

July 21, 2026 8:14 am

[Source: Reuters]

U.S. President Donald Trump is poised ​to unleash fresh tariffs ‌on dozens of countries as soon as ​this week, the ​Financial Times reported, ⁠with his temporary ​10% global tariff scheduled ​to expire on Friday.

The FT said the most immediate ​new duties are ​expected to be on a ‌par ⁠with the 10% tariffs currently in place, but the administration ​was also ​working ⁠on other investigations that could ​grant it the ​legal ⁠authority to propose higher duties.