US to start sending out tariff rate information to countries on Friday

President Donald Trump told reporters on Thursday that countries that have yet to make a trade deal with the United States will start getting information about their new tariff rate by the end of the week.

The comment occurred as the 90-day pause on reciprocal tariffs is set to expire on July 9. The U.S. has only secured new trade deals with the United Kingdom and Vietnam, and has reached a framework agreement with China. 

The president claimed there were too many countries to reach a trade deal with in a timely manner, so the countries will be receiving a letter that explains the cost of doing business with the United States. The first letters are expected to go out Friday.

“My inclination is to send a letter out and say what tariff they’re gonna be paying. It’s just much easier,” Trump said. “We have far more than 170 countries, and how many deals can you make? And you can make good deals, but they’re very much more complicated. I’d rather send out a letter saying this is what you’re going to pay to do business in the United States. And I think it will be well received.”

Trump did not state exactly how much the tariffs would be, but indicated last month that tariffs could be as high as 45%. 

The comments came as the president heads to Iowa for a major speech that is expected to honor the United States' 249th birthday, kicking off a year-long celebration as the country moves toward 250, and celebrates the passage of his "One Big Beautiful Bill."

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.