About ‘10 or 12’ will go out on Friday to those without deal in place, then more over next few days
Donald Trump has said that the US will start sending out letters to trading partners on Friday setting tariff rates that countries will have to pay from the beginning of next month.
The US president told the media that about “10 or 12” letters would be sent out initially, with further letters sent out over the “next few days”.
His administration is expected to write to all of its trading partners without a deal in place before 9 July, the end of a 90-day pause on Trump’s “reciprocal tariffs”.
“I think by the ninth they will be fully covered,” he said, referring to the deadline the US set for countries to reach bilateral trade deals to avoid higher duties.
