The White House says the Trump administration will reveal the next phase of its trade policy as reports suggest a fresh wave of broad tariffs. A February Supreme Court ruling invalidated many earlier levies, prompting a temporary 10% tariff regime that is due to expire on Friday. US Trade Representative Jamieson Greer is expected to outline next steps; the administration says tariffs will boost industry and jobs, while critics warn they could raise consumer prices. Greer denied the measures have pushed up prices, citing core inflation at 2.6% year-on-year.
Trump Administration to Announce Next Phase of Aggressive Trade Strategy
Donald Trump during an event to promote 'Trump accounts' at Wheeler high school in Marietta, Georgia, on Wednesday.Photograph: Bloomberg/Getty Images
The White House said on Thursday that the Trump administration will unveil the next phase of its assertive trade policy as reports circulate that the president is preparing a new wave of broad tariffs.
In February, the US Supreme Court struck down many of the administration's earlier tariffs. The White House replaced those levies with a temporary 10% tariff regime covering a wide range of imports; that temporary regime is due to expire on Friday.
White House press secretary Karoline Leavitt told reporters that US Trade Representative Jamieson Greer would set out "next steps later today."
"I don't want to get ahead of him, so I would just tell you to stay tuned for more details," Leavitt said.
Administration officials argue the tariffs are intended to revive manufacturing in US industrial regions and create jobs. Critics warn that sweeping tariffs risk pushing consumer prices higher and could unsettle global trading partners.
Inflation has been a central concern: US inflation surged to a three-year high earlier this year. During a tense exchange before senators, Trade Representative Jamieson Greer disputed that the administration's tariffs had driven prices up.
When asked by Senator Elizabeth Warren whether the tariffs had increased costs for American families, Greer replied, "No." He added that core inflation — which excludes food and energy — fell to 2.6% year on year.
Observers note that while core inflation has moderated in recent months, headline inflation remains an important metric for households and policymakers. Markets and businesses will be watching the USTR announcement closely for details on tariff scope, duration and any exemptions.
More details are expected after Jamieson Greer's statement.
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