Trump Warns 12 Nations of Steep U.S. Tariffs Amid Stalled Talks

President Trump has signed letters to 12 nations, outlining sharp tariffs—potentially up to 70%—on exports to the U.S. This marks a shift from negotiations to a unilateral stance, with most tariffs set to begin August 1. Only the U.K. and Vietnam have finalized deals, while talks with India and the EU remain unresolved.