Trump to Begin Sending Letters to Countries to Set Tariff Rates

President Donald Trump said on July 3 that he would begin sending letters to U.S. trading partners “probably tomorrow” to set their tariff levels. During a press briefing beside Air Force One after the House of Representatives finally passed his massive tax cut and spending bill, Trump said that his administration is working on a “couple of other deals” but that he is inclined to send letters out and “say what tariffs they’re going to be paying.” “It’s just much easier,” he said. “We have far more than 170 countries. How many deals can you make?” Trump had said on Sunday that he would soon send letters to America’s trading partners ahead of his July 9 deadline detailing what tariffs would be imposed on their exports into the United States....