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US to Start Notifying Nations About Import Tariffs Up to 70%

Business Standard

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July 05, 2025

'10 or 12 letters would go out Friday, with additional letters coming over next few days'

- BLOOMBERG

US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on their exports effective Aug. 1, while reiterating a preference for simplicity over complicated negotiations five days before his deadline for deals.

Trump told reporters that about "10 or 12" letters would go out Friday, with additional letters coming "over the next few days."

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