The "tariff letter" will be sent out tonight! Bznet: If an agreement is not reached, tariffs will "rebound" to the level of "Liberation Day".
The Zhitong Financial APP learned that in the last few days before the expiration of the 90-day mutual trade negotiation period between Trump and other countries on July 9th, this American President planned to announce a trade agreement on Monday and issue a tariff warning. Various countries continued negotiations throughout the weekend, striving to avoid the imposition of the highest punitive measures on American exports before the original deadline of Wednesday (July 9th). After US officials hinted that trade partners could continue negotiations before the tariffs take effect on August 1st, the negotiation schedule seemed to be reset, allowing them an additional three weeks for agreement negotiations.
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