Letters From America: Trump's Tariff Saga Continues
2025-07-10 12:30:00 ET
By Inga Fechner & Carsten Brzeski
From ultimatums to extensions: a tactical delay
On 7 and 9 July, US President Donald Trump unveiled a wave of tariff letters via Truth Social, targeting trading partners with rates ranging from 20% to 50%, effective 1 August. While the tone was uncompromising, the move effectively extended the previous 9 July deadline despite repeated assertions that no extensions would be granted....
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