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U.S. Tariff Chief Says Trump's 10% Global Tariff Could Be Reinstated After July Expiration

GateNews

2026-05-26 21:55:32

According to the Wall Street Journal, U.S. Trade Representative Jamieson Greer said on Tuesday that President Trump's 10% global tariff, imposed in February under Section 122 of the Trade Act of 1974, could be reinstated after its scheduled July expiration. Greer indicated that legal ambiguity exists regarding whether the president has authority to reinstate tariffs once their 150-day term concludes. He suggested that federal law specifies the expiration date but does not clearly prohibit reactivation of the duties.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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