In April, Trump announced that he is reducing tariffs on most countries to 10% for 90 days, rather than the higher rates he had originally applied, to allow time for negotiations to take place.

President Donald Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States, a clear shift from earlier pledges to strike scores of individual deals.

US President Donald Trump said that his administration will start sending out letters to trading partners on Friday setting unilateral tariff rates, which he said countries would have to begin paying on Aug.

President Donald Trump's trade policy is reaching a critical juncture with the announcement of significantly increased tariffs.

Trump’s self-imposed July 9 deadline follows his sweeping reciprocal tariffs address in April, which sparked global panic and caused the S&P to shed $5 trillion in value in abou

U.S. President Donald Trump said his administration could start sending letters to trade partners as early as Friday, setting unilateral tariff rates ahead of the July 9 deadline for negotiations. “We’re probably going to be sending some letters out,