US 10% Global Tariff Regime Expires July 24, Replacement Duties Coming

The 10% global tariff regime — imposed after the Supreme Court struck down Trump's original tariffs in February 2026 — expires July 24. US Trade Representative Greer told the Senate Finance Committee on July 22 the administration will replace it with new import duties. The successor framework has not been detailed, leaving markets and trading partners awaiting specifics.