Trump says could send out 12 or 15 letter on tariffs on Monday.
Trump said last week that sending out letters advising of tariff rates was easier than trying to reach trade deals:
Over the weekend:
Wide-ranging comments from Trump:
- says it’s ridiculous for Musk to start third party
- says will discuss with Netanyahu working on a permanent deal with Iran
- Good chance we have a deal with Hamas during the week
- Quite a few hostages could be coming out
- Trump says he will probably visit Texas on Friday following deadly flood
- When asked about phasing out FEMA, he responded, “That’s something we can talk about later”
Commerce Sec weighed in too:
- Lutnick says tariffs go in effect on August 1
This article was written by Eamonn Sheridan at www.forexlive.com.