#TrumpTariffs Wall Street Without Clear Direction After New Threats From Trump About Tariffs
The U.S. market is particularly affected by the new threats from Donald Trump, who announced his intention to communicate with some of the United States' trading partners to inform them of the tariffs that will be imposed unilaterally.
"We will send letters to the affected countries in a week and a half or two weeks to inform them, as I did with the EU" (the European Union), the U.S. president told the press on Wednesday in Washington, following the announcement of an agreement with Beijing this week.
These letters will present "a take-it-or-leave-it deal," he specified, mentioning "more than 150 countries."
In principle, the tariff taxes from Washington are suspended until July 9, but these statements rekindled market fears.
Treasury Secretary Scott Bessent stated in Congress on Wednesday that a prolonged pause is possible for those who "negotiate in good faith."
"There are 18 important trading partners. We are working to reach agreements with them," he affirmed.
Bessent indicated that it is likely that, in the case of countries or trading blocs like the EU, Washington will decide to "advance the date to continue good faith negotiations."
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