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The White House has said the latest stage of President Donald Trump's trade policy will be unveiled on Thursday, amid reports that a fresh wave of sweeping tariffs is being prepared. The announcement comes as US trade representative Jamieson Greer faced sharp questioning from senators over whether tariffs have pushed up prices for American families.
Coverage Comparison
According to reporting from The Guardian, the current 10% tariff regime on much of the world is due to expire on Friday. The tariffs were introduced after the US Supreme Court ruled in February that many of the earlier tariffs were illegal, a decision described as a damaging blow to the president's trade policy.
White House press secretary Karoline Leavitt said Greer would announce next steps "later today" on Thursday, adding, "I don't want to get ahead of him, so I would just tell you to stay tuned for more details."
A separate report from The Guardian noted that US inflation surged to a three-year high earlier this year. During a heated exchange before US senators on Wednesday, Greer appeared to claim that the president's policies had not driven prices higher.
Key Claims
Asked by Democratic Senator Elizabeth Warren whether the tariffs had increased prices for American families, Greer said: "No." He pointed to core inflation, which excludes food and energy, saying it "fell to 2.6% year on year, much better than in January 2025." However, overall inflation is slightly higher than it was when Joe Biden left office, according to the report.
Warren said an estimate produced by Democrats and based on the non-partisan Congressional Budget Office and the Treasury Department's own numbers showed families were paying an average of $1,700 more in tariff costs since Trump's return to office.
Senator Raphael Warnock told Greer that Trump had "made life more expensive for everybody" before the US-Israel war on Iran sent "energy prices through the roof." He added: "Despite this mountain of evidence, you and the president still seem to be in denial that tariffs have raised prices, a fact that study after study confirms, and is just basic common sense – everybody sees it, we're feeling it." Warnock asked whether Greer had ever produced any rigorous peer-evaluated study refuting that claim.
Trump and his officials have argued that the trade agenda will help revitalise US industrial heartlands and boost jobs. Critics, however, have warned that the sweeping tariffs risk increasing prices nationwide.
Greer's denial and the upcoming announcement come at a critical juncture, with the 10% tariff regime set to expire on Friday and officials, including Greer, indicating it will be replaced with a new wave of duties on imports.