The United States is set to make an announcement on tariffs later Thursday, the White House said, hours before President Donald Trump's 10-percent global duty is due to expire.

The Financial Times reported Tuesday Trump is preparing to impose new levies to replace the 10% global tariffs that expire Friday.

Analysts expect planned tariffs over forced labour concerns to replace Trump's 10 per cent global duty.

NEW DELHI: With the US announcing new tariffs on several products imported from Canada and the 25% tariff on Brazilian goods from Wednesday, all eyes are on the Trump…