President Trump said the time for talking is over when it comes to tariffs on 12 countries, and on Monday he’ll take action – in the form of letters. The remarks came after a Fourth of July celebration at the White House Friday where he signed his sweeping tax and spending measure, The One Big Beautiful Bill.
But there’s more work to be done, he said afterward:
Trump, speaking to reporters aboard Air Force One as he traveled to New Jersey, declined to name the countries involved, saying that would be made public Monday.
Trump had earlier Thursday told reporters that he expected a first batch of letters to go out Friday, a national holiday in the United States, though the date has now shifted.
Not Tired of Winning Yet: Trump Announces Trade Deal With Vietnam
As I reported Friday, Democrats and the leftist media have gone into full doomsday mode regarding tariffs but have yet to get anything right:
Democrats and the fake media have been predicting rampant inflation, economic disaster, and just about everything else they can think of due to Trump’s tariffs and other policies. Guess what? It hasn’t happened.
???? UPDATE: Egg prices have now declined 62% since President Trump's inauguration day.
— Eric Daugherty (@EricLDaugh) May 31, 2025
They were $6.55. They are now $2.52 per dozen.
MASSIVE WIN.
The media ignored this story once it got good for Trump. pic.twitter.com/xN5WreQTLb
More: June Jobs Report Leaves Professional Economic Forecasters Looking Pretty Silly
Winning: May Inflation Numbers Are In
Oh, and the S&P 500 stock index recently hit an all-time high.
Negotiations with various countries have been back and forth, with some successes like the trade deal with Vietnam and some conflicts still going on, as with Canada, but the president believes the letters are a new way forward.
"I signed some letters and they'll go out on Monday, probably 12," Trump said, when asked about his plans on the tariff front. "Different amounts of money, different amounts of tariffs."
Trump and his top aides initially said they would launch negotiations with scores of countries on tariff rates, but the president has soured on that process after repeated setbacks with major trading partners, including Japan and the European Union.
He touched on that briefly late Friday, telling reporters: "The letters are better ... much easier to send a letter."
So far, the tariffs have brought in billions to the U.S., according to the administration:
If you’re a parent, you might recognize this song that some international leaders may be singing come Monday:
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