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Trump: Will send a letter to trade partners to set unilateral tax rates in the next one to two weeks.
Jin10 reported on June 12 that U.S. President Trump stated that he intends to send letters to trade partners in the next one to two weeks before the July 9 deadline for tariff suspension arrives, setting unilateral tariff rates. Trump told reporters on Wednesday, “At a certain point, we will send a letter.” “I think you all understand, this is the protocol, you can accept it or not.” It remains unclear whether Trump will follow through on his promise; he often sets two-week deadlines for action but ultimately delays or takes no action at all. On Wednesday, when asked whether he would extend the deadline for countries to reach agreements with the U.S. government, Trump expressed an open attitude towards it but added that he “doesn’t think we need to do that.”