Trump Signs Tariff Letters to 12 Countries, Sending Out on July 7
US President Donald Trump has signed letters to 12 countries detailing tariff levels on their exports to the United States. The 'take it or leave it' offers will be sent out on July 7, with details of the countries to be revealed then.
US President Donald Trump has signed letters to 12 countries outlining the tariff levels they would face on goods exported to the United States. The offers will be sent out on July 7. The countries involved will be made public on that date.
Trump had initially planned to send the letters on July 4 but the date has now shifted. The tariffs, ranging from 10% to 50%, were announced in April but most were suspended for 90 days for negotiations. The tariffs are set to go into effect on August 1.
Trump mentioned that negotiations with many countries on tariff rates have faced setbacks. The White House's strategy shift reflects the challenges of completing trade agreements on an accelerated timeline.
Trade agreements have been reached with Britain and Vietnam, while deals with India and the European Union have faced obstacles.
According to the source: The Straits Times.
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