Trump signals more tariff letters coming Wednesday
1. Trump plans to impose new tariffs on imports from multiple countries. 2. Tariff rates could range from 25% to 40%, affecting trade relationships. 3. The announcement caused turmoil in global markets, impacting investor sentiment. 4. No extensions to the tariff deadline will be granted, starting August 1. 5. Aggressive tariff strategy may lead to increased inflationary pressure.