Trump: Starting from July 4, formal letters will be sent to 10-12 trading partner countries, informing them that the United States will impose unilateral tariffs, with rates ranging from 10-20% to 60-70%. These tariffs will officially take effect on August 1, and more such letters will continue to be sent in the coming days.

Besant: It is expected that about 100 countries will be included in a reciprocal tariff list with at least a 10% rate, and a large number of trade agreements are anticipated to be signed before July 9. If an agreement can be reached before this time, a minimum tax rate of 10% may apply; otherwise, tariffs will be increased again.

Currently, the UK and Vietnam have reached preliminary agreements accepting tax rates of 10% and 20%, while countries like China, India, and Japan may face higher rates, with some smaller countries potentially being charged up to 50%. July 9 is expected to be a critical juncture, as the ability to reach an agreement will directly affect the tariff levels applicable to various countries.

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