#TrumpTariffs President Donald Trump announced that he will begin sending tariff notice letters to various countries, a few days before the deadline for trade partners to reach an agreement ends on July 9, 2025. These new tariffs are expected to take effect starting August 1, 2025.

Key Points of Trump's Tariffs:

* Tariff Notice Letters: Trump stated he will send about 12 to 15 letters to countries that have not reached a trade agreement with the U.S.

* Additional Tariff Threats for BRICS Members: Trump threatened to impose an additional 10% tariff on countries allied with the "anti-American" policies of BRICS.