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SoCal Business Leaders Brace for More Fallout From Trump Tariffs

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.

  • US President Donald Trump sent letters outlining tariff rates for six countries, with rates ranging from 20 to 30 percent effective August 1.
  • Twenty countries, including Japan and South Korea, have received Trump's tariff letters, aiming to negotiate better trade terms.
  • Trump stated that the US might reconsider its trade stance if other countries change their policies; however, agreements with major partners like the EU are still pending.
  • The Trump administration has introduced new tariffs on additional sectors, including proposed rates of 50 percent on copper and up to 200 percent on pharmaceuticals.
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La Presse broke the news in Montreal, Canada on Wednesday, July 9, 2025.
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