Donald Trump is preparing to unleash a fresh wave of tariffs on dozens of countries within days, brushing aside warnings from his own advisers that a renewed trade war could rattle the economy ahead of the midterms.
The President hammered Canada with a 50 percent levy on a sweep of goods on Monday, days after slapping 25 percent duties on Brazilian imports.
Now officials have drawn up options for Trump to hit dozens more nations as his blanket 10 percent global tariff is set to lapse on Friday, the Financial Times reports
Senior officials have privately urged the President to keep the peace with trading partners and honor the deals Washington cut in 2025 to bring their rates down, according to the FT.