President Trump told reporters on Wednesday that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters out.

The Pentagon estimated the troop deployment to L.A. will cost $134 million. The World Bank called for lower, equitable tariffs. What happened: The top economists at the World Bank called on the U.S. and its trading partners to reduce their tariffs to levels typically imposed by the U.S.

The dollar was dragged lower after the US president told reporters he would send letters to trading partners outlining new tariff rates in the next couple of weeks, as the end of the 90-day pause on so-called “reciprocal” levies approaches next month.