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Trump says tariffs set to rise as high as 70%: White House to begin sending notices to countries; businesses await announcements

IndiaTimes Friday, 4 July 2025 ()
US President Trump is reinstating tariffs, paused for 90 days, as deals with various countries remain elusive. Letters will be sent to nations, outlining tariffs ranging from 10% to potentially 70%, effective August 1st. While some countries like China, Britain, and Vietnam have reached agreements, negotiations with others, including the EU and Japan, are ongoing.
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News video: ‘TAKE IT OR LEAVE IT!’ | Trump to fire-off Tariff THREAT Letters to 12 Countries with 10-70% Tariffs

‘TAKE IT OR LEAVE IT!’ | Trump to fire-off Tariff THREAT Letters to 12 Countries with 10-70% Tariffs 03:37

President Donald Trump is set to send “take-it-or-leave-it” tariff warning letters to 12 nations as trade talks stall and a July 9 deadline looms. The White House confirms tariffs could rise to as high as 70% if no deals are reached. With only the UK and Vietnam finalizing limited agreements,...

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