“The Trump administration announced a new round of tariffs up to 12.5% on 60 trading partners on Thursday, preventing a lapse in import taxes as a temporary tariff program nears expiration,” Axios reports.“Why it matters: It shows the White House’s determination to preserve its tariff agenda by turning to new trade laws as earlier authorities expire or face legal challenges.”Financial Times: U.S. hits 60 countries with new duties as Trump rebuilds tariff wall.