WASHINGTON — U.S. President Donald Trump announced on Sunday that he will be sending letters to as many as 15 countries worldwide, pressing them to strike new trade deals under threat of fresh tariffs.
Trump said the correspondence would inform targeted nations that they face new tariffs dubbed “Liberation Day” duties if negotiations fail. His administration has signaled those tariffs could take effect in August.
The president initially launched his global trade offensive in April but quickly scaled back the most severe measures, granting a 90-day window for talks. So far, the Trump administration has only reached preliminary trade frameworks with two countries, leaving most negotiations unresolved.
Notably, Canada remains unaffected by Wednesday’s tariff deadline. Canadian officials are continuing discussions to establish a bilateral trade agreement with the U.S. by July 21, aiming to avoid the sweeping measures facing other nations.
Trump’s aggressive trade strategy has stirred uncertainty among global markets and trading partners, raising concerns about potential economic fallout if negotiations stall.
Trump Pushes Global Trade Deals with Tariff Threats, Canada Exempt for Now
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