Trump says U.S. could send letters setting tariff rates rather than extend deadline - 'Dear Mr. Japan, here's the story'
Briefly

President Trump has indicated that instead of extending the deadline for existing trade negotiations, he prefers to send letters to countries outlining the tariff rates they will incur. During an interview, Trump expressed confidence that a 90-day pause on aggressive tariffs won't need extension, stating he could simply inform countries of their respective tariffs via letters. This approach signifies a shift towards a more direct and potentially less negotiable stance in U.S. trade policy, particularly highlighted through examples like Japan and the tariffs associated with that economy.
I'd rather just send them a letter, very fair letter, saying 'Congratulations, we're going to allow you to trade in the United States of America. You're gonna pay a 25% tariff or 20% or 40 or 50%.'
I'm gonna send letters. That's the end of the trade deal.
Read at Fortune
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