#TrumpTariffs The President of the United States has announced that he will send letters notifying tariffs to countries in the next 5 days, with rates that could reach 60-70%, most effective from August 1. On July 4, while answering reporters at Andrews Air Force Base in Maryland, President Donald Trump stated that he would send letters regarding import tariffs to countries in the next 5 days. Each day, he will send letters to 10-12 countries. In most cases, the new tariff rates will take effect from August 1. The rates could range from 10-20% to 60-70%. But the letters will be sent out tomorrow. We have completed the content template, which basically explains how much the countries will have to pay," he said. On Air Force One later, the President mentioned that he had signed 12 letters, but did not disclose the names of the countries.