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Administration prepares new global tariff approach as 10% levy nears expiry

Officials say the current 10% global tariffs are set to expire at midnight, with replacement plans already under development.

Reported · Written up by our desk · Trade & Tariffs

The administration is preparing another strategy to keep global tariffs in place after the current 10% levy is scheduled to expire at midnight, according to the New York Times.

The paper reports that officials have been working on replacement measures ahead of the expiration, signaling a continuity effort rather than a full rollback.

The move is framed as part of an ongoing attempt to preserve the tariff approach, with the timing tied directly to the midnight deadline for the current tariffs.

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