On Friday, U.S. President Trump stated that he has signed trade letters to 12 countries, outlining the different tariff levels that their commodities will face when imported to the U.S. These letters will be sent out on Monday. He declined to disclose which countries are included in the first batch of letters and the specific tariff rates. Trump mentioned that he expects most countries to receive the letters by July 9, when his suspension of the 90-day reciprocal tariffs will take effect.
Trump: 12 trade letters have been signed and will be sent out on Monday.
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