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Trump Dispatches Tariff Letters to 20 Nations Ahead of August 1 Deadline

Washington’s letters tie tariff rates to partner concessions, expanding levies into copper, semiconductors and pharmaceuticals from August 1.

Malaysia's Prime Minister Anwar Ibrahim delivers his keynote address during the opening ceremony of the Association of Southeast Asian Nations (ASEAN) Foreign Ministers' meeting and related meetings at the Convention Centre in Kuala Lumpur, Malaysia, Wednesday, July 9, 2025. (AP Photo/Vincent Thian)
A view of a port under the Port Authority of Thailand, following the announcement that U.S. President Donald Trump would impose tariffs of 36% on goods from Thailand starting on August 1, in Bangkok, Thailand July 8, 2025. REUTERS/Athit Perawongmetha/File Photo
Workers leave a garment factory during their lunch break, in Ashulia, on the outskirts of Dhaka, Bangladesh, April 19, 2025. REUTERS/Fatima Tuj Johora
President Donald Trump announces a 50% tariff on Brazilian goods, effective August 1.

Overview

  • President Trump sent letters between July 7 and 9 to 20 trading partners, including Japan and South Korea, warning of country-specific reciprocal tariffs starting August 1.
  • Only two trade pacts have been reached—one each with the United Kingdom and Vietnam—falling short of the “90 deals in 90 days” pledge and prompting the extended deadline.
  • Negotiations with the European Union and China remain in progress as the EU seeks to finalize an agreement before higher duties take effect.
  • Treasury Secretary Scott Bessent reports about $100 billion in tariff revenue has been collected so far, with projections reaching $300 billion by year’s end.
  • The president has threatened 50% duties on copper imports and signaled forthcoming levies on semiconductors and pharmaceuticals.