Overview
- President Trump has signed letters to roughly a dozen trading partners that will be dispatched on July 7, detailing fixed import duties on their exports to the United States.
- The correspondence sets non-negotiable tariff offers spanning a 10 percent baseline up to 70 percent, effective when the administration’s 90-day suspension ends on August 1.
- The White House has not revealed which nations will be targeted, reflecting a shift away from comprehensive bilateral negotiations toward a letter-based ultimatum.
- Only two preferential deals were finalized during the pause period, securing limited tariff relief for the United Kingdom and Vietnam.
- Administration officials say the measure is aimed at boosting federal revenue, correcting trade imbalances and encouraging U.S. manufacturing by increasing the cost of imports.