Trump prepares to implement up to 70% tariffs on select countries
TL;DR Summary
President Trump announced plans to send letters to 10-12 countries within five days, detailing new tariffs ranging from 10% to as high as 70%, which could take effect on August 1, as part of a broader effort to renegotiate trade deals and increase tariffs on certain nations, impacting global markets.
- Trump says he is about to raise tariffs as high as 70% on some countries CNN
- Trump says US to start sending out tariff letters to trade partners BBC
- White House to Start Notifying Countries About Tariffs, Trump Says The New York Times
- Trump's tariffs deadline is looming for Europe. Here's where things stand CNBC
- Trump eyes simple tariff rates over complex talks, says letters going out Friday Reuters
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