Trump tariffs LIVE: US President issues new 10% levy threat as countries face onslaught

4 hours ago 1

Donald Trump wearing red caplive

There is reportedly confusion over how a July 9 higher tariff deadline for some countries. (Image: Getty)

Donald Trump has threatened nations that support BRICS countries (Brazil, Russia, India, China and South Africa) with a 10% tariff. "Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% tariff. There will be no exceptions to this policy," The US President wrote on his Truth social media network. It comes as Trump's administration is said to be close to finalising several trade pacts, and states are to be notified of their tariff rates by July 9, which will take effect on August 1.

However, the director of the National Economic Council, Kevin Hassett, has reportedly suggested that this deadline could be extended for some countries. Mr Trump has said officials plan to start sending letters today to US trade partners outlining new the new levies they face. “It could be 12, maybe 15 [letters],” the president told reporters, “and we’ve made deals also, so we’re going to have a combination of letters and some deals have been made.” The correspondents are thought to be delivered at 5pm BST.

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19 mins ago12:34 Adam Toms

Welcome to our blog

Welcome to our blog as a deadline for countries to reach a trading arrangement with the US looms.

Trump says tariffs will be avoided if deals are agreed by Wednesday, July 9.

Letters are due to be sent today outlining the levies states face.

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