Welcome back to World Brief, where we’re looking at a looming deadline for sweeping U.S. tariffs, escalating anti-government protests in India, and new efforts to tackle Britain’s cost-of-living crisis.

Canada, Mexico, Brazil—and the World

U.S. Trade Representative Jamieson Greer warned on Tuesday that the Trump administration was poised to issue another round of tariffs, just days before sweeping U.S. duties are set to expire. “I can’t really specify a timeline right now,” Greer told CNBC. “But we do expect action soon.”

Welcome back to World Brief, where we’re looking at a looming deadline for sweeping U.S. tariffs, escalating anti-government protests in India, and new efforts to tackle Britain’s cost-of-living crisis.

Canada, Mexico, Brazil—and the World

U.S. Trade Representative Jamieson Greer warned on Tuesday that the Trump administration was poised to issue another round of tariffs, just days before sweeping U.S. duties are set to expire. “I can’t really specify a timeline right now,” Greer told CNBC. “But we do expect action soon.”

Mere hours after the U.S. Supreme Court struck down President Donald Trump’s sweeping tariffs in February, which had relied on the 1977 International Emergency Economic Powers Act, the White House imposed 10 percent global levies under a different authority: Section 122 of the 1974 Trade Act. But those duties were time-limited, and unless Congress intervenes to extend them, which it is unlikely to do, they will lapse at 12:01 a.m. EDT on Friday.

Although Greer did not say what the new levies would entail, analysts predict that they will likely be tariffs of up to 12.5 percent that the Office of the U.S. Trade Representative proposed in early June. These duties would affect 60 economies that Greer claims have failed to prevent forced labor, thereby covering “about 99 percent of our trade.”

Much as with Trump’s previous global tariffs, this new round “will surely face legal challenges and may be overturned,” FP trade reporter Keith Johnson told World Brief. “But that will take months, if at all.”

The Trump administration’s protectionist measures aren’t ending there. On Monday, the White House announced 50 percent duties on nearly $20 billion worth of Canadian goods, effective Aug. 19. Washington cited Ottawa’s recent retaliatory tariffs on U.S. steel, aluminum, liquor, dairy, and autos as the reason for this new tax.

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