US EditionTrump: US to Begin Informing Countries Friday of Tariff Rates
- Starting July 4, President Donald Trump will send tariff notification letters to U.S. trading partners, detailing rates from 10% up to 70% before the July 9 deadline.
- The 90-day pause on reciprocal tariffs, initiated in April to address trade deficits, expires on July 9, prompting the Trump administration's shift to sending tariff notification letters to major trading partners.
- Trump plans to send batches of 10 tariff notification letters, outlining rates from 10% to over 50%, to about 100 countries before July 9.
- Trump begins sending tariff letters to major partners, with only UK and Vietnam having deals, as tensions with EU, Canada, and Mexico rise before July 9.
- Economists warn that ongoing tariffs could cost midsize U.S. firms $82 billion, amid economic uncertainty as the Bank of Japan monitors global outlook after the tariff freeze ends.
141 Articles
141 Articles
U.S. President Donald Trump said this Friday morning that he is ready to resume a set of tariffs that he initially imposed on dozens of countries in April, before pausing them for 90 days to negotiate individual agreements. Most of those agreements have not yet materialized, and companies in the U.S. have been left guessing what charges would be expected to be paid on virtually all imported products. Some of them could be even steeper than origi…
As Washington's deadline for concluding trade agreements approaches, Donald Trump announced on Thursday, July 3, that he would send letters to his partners to inform them of the magnitude of punitive tariffs.
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