White House to announce new tariffs Thursday amid reports of fresh duties

The White House confirmed Thursday that the U.S. trade representative will announce the next phase of Donald Trump's tariff policy later today. This move comes as reports suggest the U.S. president is preparing to implement a fresh wave of sweeping tariffs.

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I don’t want to get ahead of him, so I would just tell you to stay tuned for more details.

Trump's previous tariff policy faced a significant setback in February when the U.S. Supreme Court ruled many of those duties illegal. While the administration replaced them with a 10% tariff on much of the world, these are set to expire Friday.

White House press secretary Karoline Leavitt stated that Jamieson Greer, the U.S. trade representative, would provide details "later today." She urged observers to "stay tuned for more details." Trump and his officials maintain that his trade agenda aims to revitalize American industrial heartlands and create jobs. However, opponents express concerns that widespread tariffs could lead to increased prices nationwide.

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No.

During a contentious exchange with U.S. senators on Wednesday, Greer reportedly claimed Trump's policies had not contributed to rising prices. When questioned by Senator Elizabeth Warren about whether tariffs had increased costs for American families, Greer responded, "No." He further noted that core inflation had fallen to 2.6% year-on-year, a figure he contrasted favorably with January 2025. Core inflation excludes food and energy prices. Overall inflation remains slightly higher than when Joe Biden took office.

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Core inflation fell to 2.6% year on year, much better than in January 2025.