Treasury Seeks New Tariffs Before Deadline | Global News

The U.S. Treasury lost billions in import tax revenue after the Supreme Court struck down major tariffs last February. With a July 24 deadline looming and midterm elections approaching, the administration is scrambling to replace them — not with temporary measures, but with new, legally grounded tariffs targeting unfair trade practices. While previous tariffs were fast and furious, these new ones require public hearings and comment periods, making them more formal but still potent. The administration is already investigating dozens of countries for issues like forced labor and overproduction, aiming to build a case for steep new tariffs that could restore lost revenue — and possibly reshape trade policy for years to come. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/19efece42634f1c3