Trump To Notify Countries Of U.S. Tariffs As High As 70%

President Donald Trump said his administration would begin notifying trading partners about new U.S. tariffs on their exports, which will take effect on August 1.

Trump’s latest ultimatum follows a familiar pattern of issuing threats to break deadlocks.

He reiterated a preference for simplicity over protracted negotiations, just five days before his self-imposed July 9 deadline for trade deals, Akaya Gardner and Stephanie Lai reported for Bloomberg News.

Trump told reporters that about “10 or 12” letters would be sent out within the week, with more notifications to follow “over the next few days,” adding, “by the 9th they’ll be fully covered.”

Having failed to secure new trade deals by his deadline, Trump is now unilaterally informing countries that they will face higher tariffs. “They’ll range in value from maybe 60 or 70% tariffs to 10 and 20% tariffs,” he said.

U.S. trade talks with nations including Indonesia, South Korea, the European Union, and Switzerland are reaching critical stages, with final sticking points yet to be resolved.

Trump’s latest ultimatum follows a familiar pattern of issuing threats to break deadlocks.

If enacted, the top tier of the proposed tariff range—up to 70%—would exceed the maximum 50% levies introduced during his “Liberation Day” policy rollout in April. Those earlier measures included a 10% baseline tariff on most trading partners.