Updated
Updated · CNN · Jul 23
Trump Administration Readies 10%-12.5% Plan C Tariffs on 97 Countries After Court Rebuff
Updated
Updated · CNN · Jul 23

Trump Administration Readies 10%-12.5% Plan C Tariffs on 97 Countries After Court Rebuff

3 articles · Updated · CNN · Jul 23

Summary

  • Friday is expected to bring a new batch of Trump tariffs, the administration’s “Plan C” effort to restore import levies after the Supreme Court struck down its broad February regime.
  • Jamieson Greer told senators the legal authority is changing, not the strategy, as officials shift to a patchwork of trade laws that are narrower, slower and still vulnerable to court challenges.
  • The initial rollout is expected to impose permanent tariffs of 10% to 12.5% on 97 countries, replacing earlier temporary penalties under Trump’s revised trade approach.
  • That rebuild extends beyond this week: duties on Canada are slated for mid-August, while broader generic tariffs are penciled in for 2028 as the administration keeps searching for durable legal footing.

Insights

By targeting over 80 countries with new tariffs, is the U.S. risking coordinated global economic retaliation?
Will the White House’s new legal strategy for global tariffs withstand the coming onslaught of court challenges?
As new tariffs could cost consumers $100 billion, will they deliver the promised wage and job gains for workers?