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Elon Musk announces the launch of his new political party, the 'America Party,' signaling a bold move into politics.

'Take it or leave it': Trump says US tariff letters ready for 12 countries

The Times of IndiaSaturday, July 5, 2025 at 6:14:19 AM
'Take it or leave it': Trump says US tariff letters ready for 12 countries
President Trump is gearing up to send what he’s calling "take it or leave it" tariff letters to twelve countries as early as Monday. These letters will propose new reciprocal trade rates, which could kick in by August 2025 if the countries don’t negotiate. It’s a hardline move, signaling the U.S. isn’t budging on its terms.
Editor’s Note: This isn’t just another trade update—it’s a high-stakes play that could ripple through global markets. By framing these tariffs as non-negotiable, Trump is doubling down on his aggressive trade strategy, which might spark pushback from affected countries. Businesses and consumers should brace for potential price hikes or trade tensions down the line.
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