- To start sending letters out to countries from Friday
- Tariffs can range from 10% to 20% to 60% to 70%
He declines to comment about the specifics and which countries will receive their letters first. As things stand, negotiations should likely continue but countries will have to swallow higher tariffs in the meantime it would seem. However, the 1 August timeline means there’s still time for things to change again – like what we saw back in April.
This article was written by Justin Low at www.forexlive.com.