Government Trump wants to inform trading partners about US tariffs from Friday
US President Donald Trump has announced that he will probably inform his trading partners about the punitive tariffs that apply to them from Friday. The deadline he has set in this regard expires in just under a week.
04.07.2025, 04:29
SDA
"I tend to send a letter and let them know what tariffs they're going to pay," Trump told the media on Thursday (local time). "We'll be sending out some letters, probably starting tomorrow," he added.
A deadline set by Trump in the tariff dispute with numerous trading partners, including Switzerland, expires on July 9. The affected countries are now trying to reach agreements with the US to avert higher tariffs. US officials have signaled that several trade agreements could be announced in the coming days.
Trump's tariff policy has triggered disputes with trading partners worldwide. Switzerland is also affected. Trump announced an across-the-board ten percent import tariff at the beginning of April. Country-specific surcharges were added, a whopping 21 percent for Switzerland. This additional levy was suspended for 90 days. An increased tariff of 25 percent applies to certain products such as cars, and 50 percent for steel and aluminum products.
