What happened
This news report from ForexLive, authored by Eamonn Sheridan and published on July 11, 2025, details President Trump's plans to impose broad tariffs on a significant number of trade partners. The report indicates a compressed timeline for these actions, with potential implications for the global economy.
Key Findings and Conclusions:
Critical Information and Context:
Trump tells NBC News about tariffs: "Not everybody has to get a letter. You know that. We’re just setting our tariffs,""We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%"Trump tells NBC News about tariffs that EU, Canada would receive letters notifying them of new tariff rates ‘today or tomorrow’The USD is catching a bid on this news.
Trump appears to have lost patience, plans to impose blanket tariffs of 15% or 20% on most trade partners, adding that the European Union and Canada could receive tariff letters by Friday. More:He’s disappointed in Russia but added, “we’ll see what happens over the next couple of weeks.”He expects to make a major statement on Russia this coming Monday.
Later this year,ForexLive.comis evolving intoinvestingLive.com, a new destination for intelligent market updates and smarterdecision-making for investors and traders alike.
Source coverage
This news report from ForexLive, authored by Eamonn Sheridan and published on July 11, 2025, details President Trump's plans to impose broad tariffs on a significant number of trade partners. The report indicates a compressed timeline for these actions, with potential implications for the global economy.
Key Findings and Conclusions:
Deeper analysis
Full source content
Trump tells NBC News about tariffs: "Not everybody has to get a letter. You know that. We’re just setting our tariffs,""We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%"Trump tells NBC News about tariffs that EU, Canada would receive letters notifying them of new tariff rates ‘today or tomorrow’The USD is catching a bid on this news.
Trump appears to have lost patience, plans to impose blanket tariffs of 15% or 20% on most trade partners, adding that the European Union and Canada could receive tariff letters by Friday. More:He’s disappointed in Russia but added, “we’ll see what happens over the next couple of weeks.”He expects to make a major statement on Russia this coming Monday.
Later this year,ForexLive.comis evolving intoinvestingLive.com, a new destination for intelligent market updates and smarterdecision-making for investors and traders alike.
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