Trump administration prepares trade letters as August 1 deadline approaches, with Secretary Lutnick confirming tariffs will revert to April levels without agreements.

The United States is close to finalizing several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9, U.S. President Donald Trump said on Sunday, with the higher rates scheduled to take effect on August 1.

President Trump said he was preparing to set unilateral tariff rates of up to 70% that would kick in Aug. 1, delaying the levies while putting pressure on global trade negotiations. The European Union will hold crunch talks with the U.

WASHINGTON, July 4 (Reuters) - U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.

President Donald Trump celebrated the Fourth of July by signing his massive spending bill that narrowly passed in Congress this week.

Washington — President Trump is bringing pomp and circumstance to his signing of the "big, beautiful bill" on Friday, with a 4 p.m. Independence Day ceremony at the White House.