Trump to send letter to trade partners as early as Friday to inform them of unilateral tariff rates

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According to market information from ChainCatcher, Trump stated that the United States may start sending letters to trade partners as early as Friday (local time on the 4th), unilaterally setting tariff rates, with July 9th being the final deadline for negotiations. Trump said locally on Thursday: "We might start sending some letters, probably beginning tomorrow, perhaps sending 10 letters to different countries each day, informing them about the tariffs they need to pay for trading with the United States."

Trump stated on Tuesday that he is not considering postponing next week's deadline. When asked about the possibility of extending negotiations, U.S. Treasury Secretary Bezos earlier on Thursday said that Trump will make the final decision. (Jintian)

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