US to Outline Plans Thursday for Expiring Tariffs, Leavitt Says

The White House said USTR Jamieson Greer will announce the administration’s tariff plans later Thursday as the global 10% baseline levy is set to expire. The impending change raises uncertainty for trade-related supply chains and pricing, particularly with potential inflation pass-through risk. Markets are likely to reprice tariff-sensitive sectors around the announcement timing.

Analysis

The White House said USTR Jamieson Greer will announce the administration’s tariff plans later Thursday as the global 10% baseline levy is set to expire. The impending change raises uncertainty for trade-related supply chains and pricing, particularly with potential inflation pass-through risk. Markets are likely to reprice tariff-sensitive sectors around the announcement timing.