Trump Says ‘Probably 12' Tariff Letters Being Sent Out Tomorrow
US President Donald Trump said Friday that he had signed 12 trade letters to be sent out next week ahead of an impending deadline for his tariffs to take effect.
'I signed some letters and they'll go out on Monday, probably 12,' Trump told reporters aboard Air Force One, adding that the countries the letters would be sent to will be announced on the same day.
![U.S. President Donald Trump displays a signed executive order imposing tariffs on imported goods during a 'Make America Wealthy Again' trade announcement event in the Rose Garden at the White House in Washington, DC, on April 2, 2025.]
The tariffs were part of a broader announcement in April, where Trump imposed a 10 percent duty on goods from almost all trading partners, with a plan to step up these rates for a select group within days.
His comments come days before steeper duties — which the president said Thursday would range between 10 and 70 percent — are set to take effect on dozens of economies, from Taiwan to the European Union.
But he swiftly paused the hikes until July 9, allowing for trade talks to take place.
Countries have been pushing to strike deals that would help them avoid these elevated duties.
So far, the Trump administration has unveiled deals with the United Kingdom and Vietnam, while Washington and Beijing agreed to temporarily lower staggeringly high levies on each other's products.
As his July 9 deadline approaches, Trump has repeatedly said he plans to inform countries of US tariff rates by sending them letters.
Aboard Air Force One on Friday, Trump said sending notices would be much easier than 'sitting down and working 15 different things.'
He added: 'You know, with the UK, we did that. And it was great for both parties. With China, we did that, and I think it's very good for both parties.'
But he said it was 'much easier to send a letter saying, 'Listen, we know we have a certain deficit, or in some cases a surplus, but not too many. And... this is what you have to pay, if you want to do business (with) the United States.''
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
3 hours ago
- Daily Tribune
BRICS Leaders Warn US Tariffs Could Harm Global Economy
Leaders from the BRICS group of nations — which includes Brazil, Russia, India, China, and South Africa — gathered in sunny Rio de Janeiro on Sunday with a serious message: US President Donald Trump's unpredictable trade tariffs could damage the global economy. Together, the BRICS countries represent nearly half the world's population and around 40% of global economic output. While they differ on many issues, they stand united in their concerns over the US's growing use of tariffs. In a draft statement prepared for the summit, the group expressed "deep concern" over the rise of one-sided tariff and trade restrictions. They described these measures as unfair and harmful, suggesting they break international trade laws. Earlier in April, President Trump had announced new tariffs on both allies and rivals, but later paused some of them after stock markets reacted negatively. However, he and Treasury Secretary Scott Bessent warned that unless new trade deals are made by August 1, the tariffs could return. The BRICS nations argue that such tactics could weaken global trade and slow down worldwide economic growth. Although the statement doesn't name the US or Trump directly, it clearly targets recent American trade actions. Experts at the Peterson Institute for International Economics in Washington say these tariffs might reduce the US economy's growth and negatively affect other nations — from neighboring Mexico to oil-producing countries in the Gulf region.
Daily Tribune
9 hours ago
- Daily Tribune
China hits back at EU with reciprocal ban on major medical equipment contracts
China hit back on Sunday at an EU ban on Chinese firms from major medical equipment purchases with a reciprocal bar on European companies in the latest trade salvo between the two economies. China's finance ministry said in a statement that European Union companies, with the exception of "those with European capital established in China, will have to be excluded" from orders of more than 45 million yuan ($6.3 million). Chinese Foreign Minister Wang Yi visited the EU's headquarters, as well as France and Germany, over the past week in a bid to improve relations with the 27-member bloc. However, deep frictions remain over economic ties, including a yawning trade deficit of $357.1 billion between China and the EU. China's ban, which comes into effect from Sunday, covers a wide range of products, from prosthetic devices and parts to medical machinery and surgical instruments. Beijing's finance ministry also specified that the proportion of products from the EU could not exceed 50 percent in bids from non-European companies. The EU drew an angry response from Beijing, and an accusation of double standards, when it banned Chinese firms from government medical device purchases worth more than five million euros ($5.8 million) in retaliation for limits Beijing places on access to its own market. The European Commission said at the time the ban was a reaction to "China's longstanding exclusion of EU-made medical devices from Chinese government contracts". According to Brussels, just under 90 percent of public procurement contracts for medical devices in China "were subject to exclusionary and discriminatory measures" against EU firms. "China has repeatedly expressed, through bilateral dialogue, its willingness to resolve these disputes appropriately through consultations, dialogue and bilateral arrangements in the field of public procurement," China's commerce ministry said in a separate statement. Over the last three years, Brussels and Beijing have come into conflict in a number of economic sectors, including electric cars, the rail industry, solar panels and wind turbines.
Daily Tribune
10 hours ago
- Daily Tribune
Trump Says ‘Probably 12' Tariff Letters Being Sent Out Tomorrow
AFP | Morristown, United States US President Donald Trump said Friday that he had signed 12 trade letters to be sent out next week ahead of an impending deadline for his tariffs to take effect. 'I signed some letters and they'll go out on Monday, probably 12,' Trump told reporters aboard Air Force One, adding that the countries the letters would be sent to will be announced on the same day. ![U.S. President Donald Trump displays a signed executive order imposing tariffs on imported goods during a 'Make America Wealthy Again' trade announcement event in the Rose Garden at the White House in Washington, DC, on April 2, 2025.] The tariffs were part of a broader announcement in April, where Trump imposed a 10 percent duty on goods from almost all trading partners, with a plan to step up these rates for a select group within days. His comments come days before steeper duties — which the president said Thursday would range between 10 and 70 percent — are set to take effect on dozens of economies, from Taiwan to the European Union. But he swiftly paused the hikes until July 9, allowing for trade talks to take place. Countries have been pushing to strike deals that would help them avoid these elevated duties. So far, the Trump administration has unveiled deals with the United Kingdom and Vietnam, while Washington and Beijing agreed to temporarily lower staggeringly high levies on each other's products. As his July 9 deadline approaches, Trump has repeatedly said he plans to inform countries of US tariff rates by sending them letters. Aboard Air Force One on Friday, Trump said sending notices would be much easier than 'sitting down and working 15 different things.' He added: 'You know, with the UK, we did that. And it was great for both parties. With China, we did that, and I think it's very good for both parties.' But he said it was 'much easier to send a letter saying, 'Listen, we know we have a certain deficit, or in some cases a surplus, but not too many. And... this is what you have to pay, if you want to do business (with) the United States.''
