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