Trump: Imposing Tariffs Ranging from 60% to 70% and 10% to 20% on Different Countries

According to Jinse Finance, U.S. President Trump stated that he plans to impose tariffs ranging from 60% to 70%, as well as from 10% to 20%, on different countries. These countries will begin paying the tariffs starting August 1. President Trump also announced that letters regarding the tariffs will be sent out this Friday. It is expected that 10 to 12 countries will receive relevant notifications on Friday. (Jin10)