Trump to Send Tariff Letters to 12 Countries, Possible 70% Tariffs
TL;DR Summary
President Trump announced plans to send tariff rate letters to about a dozen countries, escalating the trade war and causing market jitters, with rates potentially as high as 70%, though specific countries and rates remain undisclosed.
- Trump warns a dozen countries will get tariff letters Monday Axios
- Trump says tariff letters to 12 countries signed, going out Monday CNBC
- Donald Trump To Issue Major Tariff Update Newsweek
- 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
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