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Trump prepares fresh tariffs on dozens of countries, FT reports

By Thomson Reuters Jul 21, 2026 | 5:17 AM

July 21 (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 on ⁠Tuesday, 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.

Reuters ​could not ⁠immediately verify the report.

(Reporting by Shubham Kalia in Bengaluru; Editing by Andrew ​Heavens)