When will the letters with Trump's promised "take it or leave it" offer be sent out? Will tariff rates revert to the 11% to 50% range announced on 2 April, or will there be multiple extensions beyond the 9 July deadline in cases of "good faith" negotiations? With exactly one week remaining until the 90-day tariff pause ends, here's a snapshot of the current situation. Bear in mind that a lot can change between now and then. Here is a list of the currently effective tariff rates:​ World:​ • IEEPA universal tariff (as of 5 April)​: 10% • Section 232 tariffs: ​ • Auto (as of 3 April) & auto parts (as of 3 May): 25% • UK: ... (full story)