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Trump Touts US Trade Deals With China, India

Posted

July 9, 2025

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President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariff rates on key trading partners, but suggested that he was still open to additional negotiations and pushed off increased duties until at least Aug. 1.

Trump began the notifications with missives announcing his intent to impose 25% levies on goods from Japan and South Korea. A dozen more followed throughout the afternoon, outlining plans to tariff foreign goods from trading partners including South Africa, Indonesia, Thailand and Cambodia.

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President Donald TrumpSouth Korea ASouth Africa Indonesia ThailandCambodia ReadSubscribe Bloomberg NewsYouTube Connect

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Trump Touts US Trade Deals With China, India · Bloomberg News · Sentinel