Reference News Network, July 5 report. According to AFP, on July 5, US President Trump said he had signed 12 trade letters that would be sent before the deadline for the tariff policy to take effect.
Trump told reporters on Air Force One: "I have signed some letters that will be sent on the 7th, probably 12 letters." He added that as to which countries these letters would be sent to, it would be announced on the same day the letters were sent.
Trump had originally planned to impose higher tariffs on multiple economies, including the EU, with rates ranging from 10% to 70%, but he postponed the implementation of this policy to July 9 to allow time for trade negotiations.
As the deadline of July 9 approaches, Trump has repeatedly stated that he plans to notify the tariff rates through letters.
On July 5, Trump on Air Force One said that compared to sitting down and negotiating up to 15 items, sending letters is much easier.
Trump said, in contrast, it is easier for him to write in the letter: "Listen, we know that we have a deficit in some items or a surplus in certain items, but not too much, so if you want to continue doing business with the United States, you must pay this amount." (Translated by Pan Xiaoyan)
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