India-US trade talks stall as Washington turns up the pressure with August 1 tariff threat US President Donald Trump has confirmed he has signed tariff letters targeting 12 countries, which will be dispatched on Monday, July 7—raising the stakes in what could be a new wave of trade confrontations. Speaking aboard Air Force One, President Trump declined to name the countries but made clear that each will receive letters detailing new tariff levels. “I signed some letters and they’ll go out on Monday, probably 12. Different amounts of money, different amounts of tariffs,” he told reporters, adding that “letters are