The Trump administration is set to reveal the latest stage of its aggressive trade policy on Thursday, July 23rd, 2026, according to the White House. This announcement comes as the current 10% tariffs imposed on much of the world are due to expire on Friday, July 24th, 2026.

Earlier this year, in February, the US Supreme Court ruled that many of the previous tariffs were illegal, dealing a significant setback to the administration’s trade strategy. In response, the US replaced those tariffs with a 10% tariff regime, which is now nearing its expiration.

Reports indicate that President Donald Trump is preparing a fresh wave of sweeping tariffs to succeed the expiring ones, signaling a continuation of his administration’s tough stance on trade.

Sources