Trump says could send out 12 or 15 letter on tariffs on Monday

Trump says could send out 12 or 15 letter on tariffs on Monday:

• Will have a trade deal or letter with most nations done by July 9

Trump said last week that sending out letters advising of tariff rates was easier than trying to reach trade deals:

• Trump cited the difficulty of negotiating with over 170 nations, prefers setting fixed tariffs over extensive negotiations

Over the weekend:

• US' Bessent warns of tariff hike if no trade deals reached by August 1

Wide-ranging comments from Trump:

• says it’s ridiculous for Musk to start third party
• says will discuss with Netanyahu working on a permanent deal with Iran
• Good chance we have a deal with Hamas during the week
• Quite a few hostages could be coming out
• Trump says he will probably visit Texas on Friday following deadly flood
• When asked about phasing out FEMA, he responded, “That’s something we can talk about later”
• Had good call with Zelenskiy, am disappointed with Putin

Commerce Sec weighed in too:

• Lutnick says tariffs go in effect on August 1