Trump: Imposing tariffs ranging from 60% to 70% and from 10% to 20% on different countries

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AI Summary

Trump's tariff policy will affect global trade and could cause economic volatility. The move could prompt other countries to take countermeasures, thus escalating trade tensions.

According to Deep Tide TechFlow reports, on July 4th, U.S. President Trump announced plans to impose tariffs ranging from 60% to 70% and from 10% to 20% on different countries. Countries will start paying these tariffs on August 1st.
Trump stated that letters regarding the tariffs will begin to be sent out this Friday, with an expected 10 to 12 countries receiving notifications on Friday.

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Trump: Imposing tariffs ranging from 60% to 70% and from 10% to 20% on different countries

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