President Trump said that letters to trading partners will be going out soon to establish tariff rates, ahead of the July 8 expiration on the pause on his hefty "reciprocal" tariffs.

"Basically, and I'm for doing it right now, we send letters out to all of the countries explaining to them— we'll look at the deficit we have, or whatever it is with the country. We'll look at how a country treats us. Are they good? Are they not so good? Some countries, we don't care, we'll........

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