Former President Donald Trump announced that the United States is preparing to notify most nations about the tariff rates they will face. Speaking publicly, Trump stated that his administration is in the process of finalizing these rates and will send official letters to relevant countries within two to three weeks.
"We will be sending letters out," Trump said, specifying the timeframe for the notifications. The letters will outline the specific tariffs the U.S. government intends to implement. This move signals a potential significant change in the United States' trade policies and could lead to renegotiations of existing trade agreements.
Experts suggest that the announcement could trigger varied responses from different nations. Some may choose to negotiate new trade deals with the U.S. to mitigate the impact of the tariffs, while others might consider retaliatory measures. The actual impact on global trade will depend on the specific rates outlined in the upcoming notifications and the reactions of affected countries.
Trump Announces Imminent Tariff Rate Notifications to Nations
Former President Donald Trump stated that the U.S. will soon inform most countries about upcoming tariff rates. He indicated that his administration plans to send formal notifications within the next few weeks. These letters will detail the specific tariffs the U.S. intends to impose, impacting international trade relationships. The announcement suggests a potential shift in U.S. trade policy.
Source: Read the original article at CBS