HomeEconomy & PoliticsWashington WatchWashington WatchInvestors should brace for another set of import taxes tied to excess-capacity claims, and for more legal battlesJuly 24, 2026, 12:10 p.m. ETA container ship floats off the Port of Los Angeles on July 17. Photo: Getty ImagesThe Trump administration’s trade fights are far from over, even after its big move on Thursday evening to maintain its elevated tariffs for 60 economies.In rolling out its new set of import taxes of 10% to 12.5% on Thursday, the Office of the U.S. Trade Representative relied on its investigation into forced labor that wrapped up last month and that was conducted through Section 301 of the Trade Act of 1974.
Why there are still more Trump tariffs expected — even after this past week’s rollouts
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