President Trump revealed that starting Friday, his administration will begin issuing notices to multiple nations that haven’t yet secured provisional trade agreements with the United States. These new tariffs are expected to reach up to “60 or 70%,” he stated.
“We’re going to start sending letters out to various countries starting [Friday]. We’ll probably have 10 or 12 go out,” Trump told reporters after midnight upon returning from a campaign event at the Iowa State Fairgrounds.
“I think by the 9th [of July] they’ll be fully covered, and they will range in value from maybe 60 or 70% tariffs to 10 and 20% tariffs.”
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