Trump Administration to Notify Countries of New Tariff Rates Starting Friday
U.S. President Donald Trump announced that his administration will begin sending official notifications to trade partners regarding updated tariff rates as early as Friday. The move comes as the U.S. pushes to conclude ongoing trade negotiations and aims to pressure countries into finalizing agreements before the July 9 deadline. According to Trump, around 10 to 12 countries will receive letters outlining new tariff rates, which will vary significantly—ranging from 10–20% on the lower end, and up to 60–70% in some cases. "They’ll be fully covered," [...]
