Within the next two to three weeks the US president will determine Donald Trump their duties For US trade partners, according to himself.
Specifically, Trump said today (16.5.2025) that US Finance Minister Scott Bessed and Commerce Minister Howard Lutnik “will send letters that will essentially tell people” what “they will pay to work in the United States”. “I think we will be very fair with the duties. But it is not possible to respond to the number of people who want to see us, “the president said during a meeting with business executives in the United Arab Emirates.
The US president argued that there are “150 countries who want to agree”. He did not say how much or what nations will receive letters.
Trump announced higher duties to dozens of trading partners on April 2 and then suspended them for 90 days amid investor panic to give foreign governments to negotiate. However, the president has been removed from the idea in recent weeks that he will be involved in a front-to-one partner.