President Donald Trump’s letter to the president of Latin America’s largest country threatening it with tariffs reads more like an angry venting exercise than sound trade policy.

June retail sales data will give investors a look at how tariff-fueled inflation is shaping consumer spending.

"It’s all going to be the same for everyone," the president told reporters of the U.S. duty those countries will face.

President Trump said he plans to write to many nations setting a blanket unilateral tariff rate, which he said could be 10% or 15%. "We’ll have well over 150 countries that we’re just going to send a notice of payment out" detailing tariffs,