
The US government is to start sending out letters to countries with details of higher US tariff rates that will begin on 1 August, President Donald Trump has said.
Between 10 to 12 letters will go out on Friday, with more over the coming days, the president told reporters.
The import duties will range from "60% or 70% tariffs to 10 to 20% tariffs," he said, the top end of which is much higher than he had previously outlined.
Trump has set a deadline of 9 July for negotiations over import tax rates as countries scramble to reach deals.
#trump #tariffs #us #news18
News18 Mobile App - https://onelink.to/desc-youtube
powered by Auto Youtube Summarize