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Message: <blockquote data-quote="monson" data-source="post: 30830009" data-attributes="member: 30005"> <ul> <li data-xf-list-type="ul">President Trump took these actions based on information and recommendations from senior officials, including information on the status of trade negotiations.<ul> <li data-xf-list-type="ul">Since President Trump modified the tariff rates roughly 90 days ago, dozens of countries have agreed or offered to lower their tariff rates and eliminate non-tariff barriers to move toward a more balanced trade relationship with the United States.</li> <li data-xf-list-type="ul">Notwithstanding this significant and historic progress, the U.S. trade deficit remains severe.</li> <li data-xf-list-type="ul">While the United States is open to additional trade discussions and deals, President Trump is taking action to establish trade relations going forward.</li> </ul></li> <li data-xf-list-type="ul">President Trump sent letters to many countries explaining that, starting August 1, they will be subject to new reciprocal tariff rates designed to make the terms of our bilateral trade relationships more reciprocal over time and to address the national emergency caused by the massive U.S. goods trade deficit.<ul> <li data-xf-list-type="ul">In some instances, countries will be subject to a revised reciprocal tariff rate that is lower than the rate initially announced on April 2.</li> <li data-xf-list-type="ul">For others, the reciprocal tariff rate may be higher than the previous rate.</li> </ul></li> <li data-xf-list-type="ul">The President may send more letters in the coming days and weeks. The countries he sent letters to today include:<ul> <li data-xf-list-type="ul">Japan (25%)</li> <li data-xf-list-type="ul">Korea (25%)</li> <li data-xf-list-type="ul">South Africa (30%)</li> <li data-xf-list-type="ul">Kazakhstan (25%)</li> <li data-xf-list-type="ul">Laos (40%)</li> <li data-xf-list-type="ul">Malaysia (25%)</li> <li data-xf-list-type="ul">Myanmar (40%)</li> <li data-xf-list-type="ul">Tunisia (25%)</li> <li data-xf-list-type="ul">Bosnia and Herzegovina (30%)</li> <li data-xf-list-type="ul">Indonesia (32%)</li> <li data-xf-list-type="ul">Bangladesh (35%)</li> <li data-xf-list-type="ul">Serbia (35%)</li> <li data-xf-list-type="ul">Cambodia (36%)</li> <li data-xf-list-type="ul">Thailand (36%)</li> </ul></li> </ul>- <a href="https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-continues-enforcement-of-reciprocal-tariffs-and-announces-new-tariff-rates/" target="_blank">https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-continues-enforcement-of-reciprocal-tariffs-and-announces-new-tariff-rates/</a></blockquote>

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