#TrumpTariffs The administration of United States President Donald Trump is intensifying pressure on its global trading partners to finalize trade agreements before the July 9 deadline, warning that higher tariffs could take effect on August 1 for countries that do not reach an agreement. On Sunday, Trump announced through Truth Social that the United States would begin sending notifications about tariffs starting Monday, July 7, with rates ranging from 10% to as much as 70%, depending on negotiations. So far, the administration has reached limited agreements with the United Kingdom, China, and Vietnam, but major trading partners like the European Union and India remain in negotiations.