The President of the USA, Donald Trump, says that the USA "probably" will start notifying increased tariffs to countries that have not entered into new trade agreements with the USA already on Friday.
We will probably send out some letters, probably starting tomorrow, maybe ten a day to different countries with information about what they will have to pay to do business with the USA, said Trump on Thursday.
Donald Trump also said that the new tariffs will start applying from August 1.
The money will start coming in to the USA on August 1, said the President.
Negotiations are still ongoing with the EU, whose tariff agreement affects Sweden.