Trump prepares fresh tariffs on dozens of countries, FT reports


U.S. President Donald Trump speaks during an event to sign an executive order related to Utah protected lands, in the Oval Office at the White House in Washington, D.C., U.S., July 13, 2026. REUTERS/Kylie Cooper

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)

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