Tariffs will revert back to their April 2 rates on Aug. 1 for countries that fail to nail down new trade deals with the United States, Treasury Secretary Scott Bessent said Sunday, just three days before the Trump administration's initial July 9 deadline for tariffs to return.
Trump says alignment with BRICS' 'anti-American policies' to invite additional 10% tariffs reut.rs/44P1WTB
-- Reuters (@reuters.com) Jul 6, 2025 at 10:50 PM
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More of Dummkopf Trumpf's cognitive decline in full view: www.politicususa.com
And a WH insider says that Trumpf's tariffs threats are all baloney and theater: www.politico.com
This is the Commander-in-Chief of the most powerful military on the planet, and for now, the largest economy in the world.
@#11 ... One of the worst negotiators in world history. Sets an artificial deadline, and when there is no movement on the part of the other side, our guy faces the choice of imposing tariffs and losing face, or 'revising' his deadline and looking foolish while still no closer to any of his '90 deals in 90 days'. ...
What's in Trump's tariff letters to Japan and South Korea
www.reuters.com
... Trump said he would send out letters announcing updates on tariffs to specific countries starting at noon on Monday.
So far, he's sent letters to Japan and South Korea, which he posted on Truth Social. The letters were almost identical in their content. ...
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