North America

Trump trade chief Greer hints new tariffs on dozens of countries: 'Expect action soon'

U.S. Trade Representative Jamieson Greer said the Trump administration could impose new tariffs on dozens of countries just as other existing duties are set to expire. His comments raise fresh uncertainty for trading partners bracing for the next round of U.S. trade action.

Shipping containers stacked at a port
Shipping containers stacked at a portPhoto: Nezaket / Pexels
CNBC Top News3 h ago

U.S. Trade Representative Jamieson Greer said the Trump administration is preparing new tariff action against dozens of countries, noting that several existing tariff exemptions and arrangements are due to expire soon.

'Expect action soon,' Greer said, signaling to trading partners that the administration intends to move quickly. The comments follow the administration's earlier decision to impose 50% tariffs on Canada, underscoring that its trade policy is not confined to a single country.

Analysts said the scope and timing of the new tariffs remain unclear, but a move affecting dozens of countries could inject fresh uncertainty into global supply chains already adjusting to this year's trade policy shifts.

TradeGeopoliticsNorth AmericaCNBC Top News
This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by Nezaket from Pexels and is not from the original story.

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