Washington: U.S. President Donald Trump announced on Friday that his administration would be dispatching letters to various countries within the next week and a half to inform them about their tariff rates. This move comes as his administration's pause on imposing steep "reciprocal" tariffs is set to conclude next month. According to Yonhap News Agency, Trump made these remarks during a press briefing, noting that several countries, including South Korea, are actively engaging in trade negotiations with the United States. These discussions aim to avoid or mitigate the effects of the impending reciprocal tariffs, which are slated to come into effect after the suspension ends on July 8. Trump stated, "So at a certain point over the next week and a half or so, or maybe before, we're going to send out a letter. We talked to many of the countries," highlighting the administration's plan to communicate the tariff obligations to maintain business operations in the United States. This strategic announcement undersc ores the ongoing global trade negotiations and the U.S. administration's approach to international trade relations.
Trump to Notify Countries on Tariff Rates as Suspension Nears End