US to unveil new tariffs as 10% levy expires

[Gap: No verifiable calendar date for the levy’s expiry or an official publication timeline; the source only said the levy expires "this week".]

The United States plans to impose a new set of tariffs that could affect dozens of countries, officials said on Tuesday, as a temporary 10% global levy instituted under the previous administration comes up for expiry this week. Reaction in trade-sensitive markets was pending, officials added.

Possible list of 60 partners

Officials said the fresh measures under consideration would target roughly 60 trading partners and could include countries across Asia, Europe and the Middle East. The officials did not publish a final list but identified markets that could be affected, including Japan, South Korea, China, India and Taiwan.

Officials described the move as a replacement for the short-term 10% levy, which has been applied broadly and is due to lapse later this week. They said the new tariffs would shift from a blanket rate to a package of targeted measures tied to specific imports and trading relationships.

Officials warned that the timing and scope remain unsettled and that a formal announcement will precede implementation. Watch for an official publication of the tariff schedule before the temporary levy lapses this week; the exact publication date was not provided by officials.