US EditionTrump Says He’ll Set Unilateral Tariffs in Two Weeks
- President Donald Trump said on June 11, 2025, he would send letters within two weeks to trading partners outlining unilateral tariff rates.
- This announcement follows an earlier April imposition of higher tariffs paused for 90 days, with a July 9 deadline to reimpose duties still pending.
- Trump stated that the U.S. is currently engaged in trade discussions with roughly a dozen to fifteen key partners, such as Japan, South Korea, and the European Union, but emphasized that it is not feasible to conduct separate negotiations with all 150-plus trading partners.
- Trump indicated that after a period of negotiations with multiple countries, the U.S. would transition to a strategy of issuing formal written offers outlining the terms, which the recipients could either accept or reject.
- The tariff letters may prompt acceptance or rejection by partners, while the administration remains open to extending the July 8 deadline for deals but doubts it is necessary.
79 Articles
79 Articles
The Bear vs. The Panda: The Ultimate Trade War of the Century and its Implications
Tariffs are an economic instrument aimed towards curbing unrestricted imports of foreign goods and strengthening an environment that promotes domestic production of the previously import-dependent commodities in a country. This measure is usually seen as an effort to boost their terms of trade with their relatively higher trade deficit partners and boost regional labor and […] The post The Bear vs. The Panda: The Ultimate Trade War of the Centur…
The dollar falls on Thursday and the actions decline, after Donald Trump has announced that he wants to impose unilateral trade decisions on the trading partners of the United States, in letters that will be sent in two weeks. ...
The dollar has hit a low for more than three years on Thursday after Donald Trump announced his intention to send letters within two weeks to some of the U.S. trading partners to announce the tariffs that will be imposed unilaterally.
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