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Trump Says It Was ‘Too Time-Consuming’ to Negotiate Trade Deals so It Was Just Easier to Send Letters

Summary by Fortune
With Trump's 90-day tariff negotiation period ending, he has sent letters to 14 countries that place taxes on imported goods ranging from 25% to 40%.

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Donald Trump has secured this Tuesday during a Cabinet meeting that is very close to communicating to the European Union, the great US trading partner, the tariffs it imposes on its exports. “We are probably two days away from sending them a letter,” said the US president on tariffs, which this week has begun to communicate to some countries through missives. The US president’s forecast comes amid intense talks between the US and the European Un…

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Trade negotiations with the US will today be the main subject of discussions on the European Parliament's plenary agenda, the last one before the end of the year. At the same time, it is under discussion today, on Wednesday, 9 July, and the mobilisation of the EU Solidarity Fund: assistance granted to Austria, Poland, Czech Republic, Slovakia and Moldova in connection with the floods that took place in September 2024.

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Action Forex broke the news in on Tuesday, July 8, 2025.
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