🇺🇸 President Trump says US will send letters to countries for new trade deals.
President Donald Trump announced that the United States will send letters to multiple countries to initiate negotiations for new trade deals, aiming to reshape global trade relationships.
This move follows his recent trade agreements, including a $600 billion investment commitment from Saudi Arabia and a bilateral deal with the United Kingdom, which retains a 10% tariff on most British exports.
The letters are part of Trump’s broader strategy to address trade deficits and impose reciprocal tariffs, with nearly 70 countries reportedly expressing interest in negotiating deals since his tariff plan was unveiled.
The initiative, directed by Trump’s trade team, seeks to craft tailored agreements to boost American exports and economic prosperity, though specifics on the recipient countries and timelines remain unclear.