The president said the US will notify countries of higher tariff rates by 9 July, but the rates won’t take effect until 1 August. Key US politics stories from Sunday 6 July.
Stock markets slipped amid confusion as to when – and at what level – new US tariffs would be applied, as Donald Trump’s self-imposed 9 July deadline edged closer.
The US is close to finalising several trade agreements in the coming days and will notify other countries of higher tariff rates by Thursday, the president said on Sunday, with the higher rates to take effect on 1 August.
