Trump to Send Unilateral Tariff Letters Today
Photographer: Scott Morgan/Bloomberg
Good morning. Donald Trump says details on new tariffs are coming today. The US House finally passes the GOP’s big tax bill. And get ready for the weekend: Oasis and Black Sabbath are performing. Listen to the day’s top stories.
Donald Trump said he’ll start sending letters to 10 to 12 trading partners today, setting unilateral tariffs ahead of his July 9 deadline for negotiations. He added that countries will start paying the levies on August 1. Many major partners including the European Union, Japan and South Korea are still working to finalize deals.