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Trump Admits His Tariff Tactic Is Too Complex, Says He'll Do Something 'Much Easier' Instead

President Donald Trump speaks with reporters as he arrives on Air Force One, Friday, July 4, 2025, at Joint Base Andrews, Md. US President Donald Trump on Thursday declared that he sees no reason to spend time negotiating “complicated” trade deals with every country, announcing that his administration will be following a different strategy going forward.As Trump’s 90-day tariff pause is set to expire on July 9, the president announced he secured a trade agreement with Vietnam on Thursday.Asked if Americans can expect more such deals ahead of next week’s deadline, Trump told reporters: “We have a couple of other deals, but you know, my inclination is to send a letter out and say what tariffs they’re going to be paying. It’s just much easier.”“We have far more than 170 countries, and how many deals can you make?” he asked.The president added that making trade deals is a “complicated” process, noting that he favours a simpler approach.“I’d rather send out a letter saying this is what you’re going to pay to do business in the United States,” he said. “I think it will be well received.”Trump later said his administration will send letters to about 12 countries on Friday, adding that the tariffs he plans to set in place will range from 10 to 70 percent.REPORTER: Can we expect any more trade deals before next week?TRUMP: My inclination is to send a letter out and say what tariff they're gonna be paying. It's just much easier ... 'you're gonna pay a 20%, or 25, or 30% tariff.' We're gonna be sending some letters out starting… pic.twitter.com/lLCb5WCzKw— Aaron Rupar (@atrupar) July 3, 2025Under the deal with Vietnam, Trump claimed the US would charge 20% a import tax on many Vietnamese goods, while Vietnam would apply a zero percent tariff on many goods from the US.Treasury Secretary Scott Bessent told CNBC the deal has been finalized in principle, while making clear that the president will have the final word when it comes to US trade policy.Asked about what would happen to countries that don’t manage to reach trade deals with the US ahead of Trump’s deadline, Bessent replied: “We’re going to do what the president wants, and he’ll be the one to determine whether they’re negotiating in good faith.”In April, Trump announced that he is reducing tariffs on most countries to 10% for 90 days, rather than the higher rates he had originally applied, to allow time for negotiations to take place.Beside Vietnam, Trump has also reached a trade agreement with the United Kingdom and a trade framework with China, the hardest hit target in Trump’s trade war.Related...Putin Gives Up Any Pretence Of Wanting End To Ukraine War During Trump Phone CallKeir Starmer Reveals The 1 Topic Which He And Trump Bond OverTrump Takes Lie-Packed Victory Lap On Bill Slashing Medicaid And Food Stamps

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