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Trump to send letters on tariff rates as nations rush to strike trade deals
The Morning Standard
|July 05, 2025
Countries to face 10%-70% tariffs from August 1 under new US plan
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PRESIDENT Donald Trump said he plans to start sending letters informing trading partners of their tariff rates as soon as Friday, as negotiations to avoid higher US levies enter the final stretch.
"My inclination is to send a letter out and say what tariff they're going to be paying," he told reporters on Thursday. "It's just much easier." He added: "We're going to be sending some letters out, starting probably tomorrow." Countries will start paying the tariffs from August 1, the president said. "They'll range in value from maybe 60 or 70 percent tariffs to 10 and 20 percent tariffs," Trump added.
This story is from the July 05, 2025 edition of The Morning Standard.
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