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Trading news
8 Jul 2025
President Trump could send letter to EU in two days
President Donald Trump announced on Tuesday that the BRICS group's countries would soon be subject to a 10% tariff rate.
Key Quotes
On tariffs: We are picking a number that’s low and fair.
BRICS is getting a 10% charge pretty soon.
Not going to lose the standard anytime.
The EU has been speaking to us.
The EU is treating us very nicely.
Probably two days off from sending the EU letter.