Trump Says Fresh U.S. Tariffs Will Be Announced Today

Former U.S. President Donald Trump said he will unveil a new round of tariffs on Wednesday, July 9. Speaking earlier in the day, Trump indicated that additional “tariff letters” detailing the measures would be released later today, but he did not specify which countries or products would be targeted. The announcement suggests Trump is prepared to escalate U.S. trade barriers beyond the 145% tariff on Chinese goods that took effect in April. Further details, including the size and scope of the planned levies, were not immediately disclosed.