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U.S. Commerce Secretary: Expected to issue 15 to 20 trade letters in the next two days
On July 9, U.S. Secretary of Commerce Wilbur Ross stated that many countries have proposed to open their markets. "I expect to send out 15 to 20 trade letters in the next two days." Trump plans to impose a 50% tariff on copper, aiming to shift copper production back to the domestic market.