Trump says US to start sending out tariff letters to trade partners

Getty ImagesThe US government is to start sending out letters to countries with details of higher US tariff rates that will begin on 1 August, President Donald Trump has said.Between 10 to 12 letters will go out on Friday, with more over the coming days, the president told reporters.The import duties will range from "60% or 70% tariffs to 10 to 20% tariffs," he said, the top end of which is much higher than he…