Trump’s Trade Blitz Continues: New Letters, Big Tariffs, and a Firm August Deadline

0
27
Picture credit: www.commons.wikimedia.org

The Trump administration is pushing forward with its hardline trade policy, as the president confirmed he will send letters to at least seven more nations on Wednesday. The goal: to enforce trade deals or face significant tariffs.
This follows a major move on Tuesday, where 14 countries received letters outlining steep new tariffs from 25% to 40%. These measures, according to Trump, are necessary to secure better terms for American workers and businesses.
At a dinner with Israeli Prime Minister Benjamin Netanyahu, Trump declared that the US has finalized deals with the UK and China. Meanwhile, trade negotiations with India appear to be in their final stages.
Trump has extended the deadline for tariff enforcement to August 1 but insisted it won’t be extended again. “There has been no change to this date, and there will be no change,” he emphasized, placing pressure on global partners to comply.

LEAVE A REPLY

Please enter your comment!
Please enter your name here