US EditionTrump Issues More Letters to Countries in Push for Tariff Deals
UNITED STATES, JUL 9 – President Trump issued tariff letters to six countries with rates from 20% to 30% effective August 1 as part of efforts to balance trade and encourage negotiations, officials said.
- On Wednesday, U.S. President Donald Trump sent letters setting tariff rates from 20 to 30 percent to six countries including the Philippines and Libya.
- This followed ongoing pressure to secure trade deals, with earlier tariffs imposed in April and a postponed August 1 deadline to finalize agreements.
- The tariffs target mainly Asian nations, while major partners like the EU have yet to receive such letters amid talks and mutual readiness to reach agreements.
- California leaders report tariffs cost 64,000 jobs and $24 billion, with statements like 'Uncertainty is what's killing us' illustrating business community frustration.
- Trump claimed the U.S. is close to a trade deal with India, which has a growing footwear industry valued at $6 billion in exports, suggesting potential shifts in trade relations ahead.
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The Trump administration is practicing Carmen Sandiego economic theory
President Trump sent out another round of passive-aggressive tariff letters to foreign leaders Wednesay, which he posted to Truth Social so the world could marvel at his negotiating prowess. He worded each letter exactly the same, using Find and Replace to change country names, so Cockburn will just quote the Libya letter here: “It is a Great Honor for me to send you this letter in that it demonstrates the strength and commitment of our Trading …
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Total News Sources43
Leaning Left9Leaning Right5Center13Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 33%
C 48%
R 19%
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