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Trump says will send tariff letters informing EU, Canada of the rates by Friday

Trump tells NBC News about tariffs:

  • “Not everybody has to get a letter. You know that. We’re just setting our tariffs,”
  • “We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%”
  • Trump tells NBC News about tariffs that EU, Canada would receive letters notifying them of new tariff rates ‘today or tomorrow’

The USD is catching a bid on this news.

Trump appears to have lost patience, plans to impose blanket tariffs of 15% or 20% on most trade partners, adding that the European Union and Canada could receive tariff letters by Friday.

More:

  • He’s disappointed in Russia but added, “we’ll see what happens over the next couple of weeks.”
  • He expects to make a major statement on Russia this coming Monday.

This article was written by Eamonn Sheridan at www.forexlive.com.

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