Trump Stands Firm on Aug. 1 Tariff Deadline, Previews Steep Cooper Levies

Trade Policy & Deadlines - August 1st is the payment deadline for countries to maintain trade relations with the United States [1][2] - The US expects to issue 15 to 20 letters outlining tariff lines to key countries over the next two days [2] Tariffs & Trade Relations - A 50% tariff is planned for copper [3] - A 10% tariff will be imposed on countries that are members of BRICS [3][4] - The US views maintaining the dollar as the world standard as critical, equating its loss to losing a war [3][4]