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Trump Sends Tariff Letters to 100 Countries Ahead of Trade Deal Deadline

The notifications detail 10–70% duties that partners will incur if they fail to secure bilateral agreements by the July 9 cutoff

DCPU502. BOGOTÁ (COLOMBIA), 07/07/2025.- El presidente de Estados Unidos, Donald Trump, habla con personal militar durante la celebración del 4 de julio en la Casa Blanca en Washington (EE.UU.). Trump señaló la forma "terrible" en que Brasil está tratando al exmandatario de ese país, Jair Bolsonaro, procesado por la Justicia brasileña por tentativa de golpe de Estado, y pidió que lo "dejen en paz" porque, según afirma, este "no es culpable de nada". EFE/EPA/BONNIE CASH / POOL POOL PHOTO /ARCHIVO
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Overview

  • On July 7 the U.S. Treasury began dispatching letters to 100 trading partners outlining planned reciprocal tariffs of 10–70% set to take effect on August 1 without new pacts
  • Bilateral deals with the United Kingdom, Vietnam and China have already averted higher duties under the administration’s targeted negotiation strategy
  • Argentina secured zero-tariff treatment for 100 export products but remains subject to 50% levies on steel and aluminum
  • Japan and South Korea received formal notice that their exports will face 25% U.S. tariffs from August 1, with the prospect of additional hikes if they retaliate
  • Treasury Secretary Scott Bessent is focusing on 18 partners representing 95% of the U.S. trade deficit and has threatened an extra 10% tariff on nations aligning with the BRICS