Sri Lanka, July 6 -- US President Donald Trump yesterday said he had signed letters to 12 countries outlining the various tariff levels they would face on goods they export to the United States, with the "Take it or leave it" offers to be sent out tomorrow.

In most cases, the new rates would go into effect from August 1, President Trump said. "They will range from maybe 60 percent or 70 percent tariffs to 10 percent and 20 percent tariffs, but they're going to be starting to go out sometime tomorrow," Trump said.

"We have done the final form, and it is basically going to explain what the countries are going to be paying in tariffs."

Trump, speaking to reporters aboard the Air Force One as he travelled to New Jersey, declined to name th...