TradeTrump wants to announce deals and tariffs on Monday
SDA
7.7.2025 - 10:31
Shortly before the deadline, US President Donald Trump informs a number of countries about new tariffs or possible trade agreements. (archive picture)
Keystone
Movement on the diplomatic stage: shortly before the deadline, the USA is informing a number of countries about new tariffs or possible trade agreements. According to President Donald Trump, 12 to 15 countries will receive corresponding letters from Monday until Wednesday.
Keystone-SDA
07.07.2025, 10:31
SDA
In the event of new tariffs, these should then come into force on August 1, added Secretary of Commerce Howard Lutnick in a joint statement that was broadcast by US broadcaster Fox News, among others.
Trump had suspended punitive tariffs against the EU for a three-month negotiation period. This ends on Wednesday. It remains to be seen whether Switzerland or EU countries will also receive letters. According to Trump, the dispatch will begin at 12.00 noon (local time) or 6.00 p.m. Swiss time. "I think we will have processed most of the countries by July 9." Some deals have also been concluded, Trump said about the content of his letters.
Are many deals coming quickly now?
In April, Trump introduced a basic tariff of ten percent on almost all imports from Switzerland and the EU. In addition, special tariffs apply to certain products, such as steel, aluminum and car imports. With his tariff policy, Trump wants more production to take place in the USA.
US Treasury Secretary Scott Bessent said on CNN that he expects many deals to be struck quickly as a result of the letters. He also spoke of around 100 letters to small countries with which the USA does not trade extensively. "The countries will receive a letter saying: If we don't reach an agreement, you will fall back to the level of April 2." On that day, Trump announced his far-reaching tariff package.