US Edition
Trump: US to Begin Informing Countries Friday of Tariff Rates
- The U.S. government will begin sending letters on August 1, 2025, to countries detailing new higher tariff rates under President Trump's trade policy.
- This action follows the expiration of a 90-day tariff pause and stalled negotiations, especially with Japan, after Trump raised car import tariffs to 27.5 percent in April.
- Trump indicated tariffs could range from 10 to 50 percent, with Japan potentially facing rates up to 30 or 35 percent if trade talks fail before the July 9 deadline.
- Meanwhile, yearlong celebrations have begun to honor the 250th anniversary of the Declaration of Independence, including initiatives by Trump, Gov. Bill Lee, and state commissions in Tennessee.
- These tariff notifications and commemorative events suggest concurrent federal efforts to address economic policy and promote unity amid political divisions in 2025.
150 Articles
150 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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