President Donald Trump officially begins a new chapter in US trade policy. Starting Friday, July 4, 2025, he will send notification letters about new tariffs to trading partner countries. 🇺🇸📅 This marks a shift from his initial promise to negotiate 90 agreements in 90 days, which turned out to be difficult to realize. 🤝❌
Every day, about 10 countries will receive letters containing new import tariffs ranging from 20% to 30%. 📈🌍 Some countries like Lesotho (50%), Madagascar (47%), and Thailand (36%) face higher tariffs due to not having negotiated. Finance Minister Scott Bessent estimates that about 100 countries will be subject to reciprocal tariffs of at least 10% if an agreement is not reached before the July 9 deadline. ⏳⚠️
This step is a response to the failed negotiations with more than 170 countries during the 90-day grace period since April 2025. 🌐🚫 Although there are agreements with the UK, Vietnam, and a framework with China, negotiations with Canada are still stalled due to digital service taxes. 🇬🇧🇻🇳🇨🇳❄️🇨🇦
Trump asserts that this letter is an ultimatum: 'You can accept or leave.' 📝✊🇺🇸 This firm stance aims to rectify the trade deficit and enforce trade rules deemed fair for the US.
This announcement shakes the global trade world. 🌏⚖️ Market players and partner country governments are now at an important crossroads, waiting to see if an agreement will be reached or if high tariffs will be imposed starting July 9. 🤔📉🔥
