President Donald Trump said Monday that helium volition apt instrumentality a broad tariff betwixt 15% and 20% connected imports to the United States from countries that person not negotiated abstracted trade agreements.
"For the world, I would accidental it'll beryllium determination successful the 15% to 20% scope ... I conscionable privation to beryllium nice," Trump said successful Turnberry, Scotland, alongside United Kingdom Prime Minister Keir Starmer.
"I would accidental successful the scope of 15% to 20% astir apt 1 of those 2 numbers," helium continued.
The figures are important due to the fact that they correspond an summation from the 10% baseline tariff Trump announced in April of this year.
It besides could instrumentality a toll connected smaller countries hoping that the tariff complaint would beryllium person to 10%.
Commerce Secretary Howard Lutnick suggested earlier this month that smaller nations, including "the Latin American countries, the Caribbean countries, galore countries successful Africa," would person a baseline tariff of 10%.
But Trump said Monday that "we're going to beryllium mounting a tariff for fundamentally the remainder of the world, and that's what they're going to wage if they privation to bash concern successful the United States, due to the fact that you can't beryllium down and marque 200 deals."
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Trump's comments travel arsenic scores of countries person not negotiated commercialized deals with the United States, days earlier his Aug. 1 tariff deadline.
As the deadline looms, Trump medication officials successful caller days person suggested that the White House is not "under unit to person much deals."
"We've each heard the president repeatedly accidental that he's blessed with the tariff, he's blessed to conscionable nonstop a missive and acceptable a tariff, arsenic opposed to having a deal," U.S. Trade Representative Jamieson Greer said Monday connected CNBC.
A baseline tariff complaint determination betwixt 15% and 20% is connected par with immoderate of the agreements the United States has reached with large trading partners successful caller days.
Last week, Trump announced 15% tariffs connected Japan, and connected Sunday helium rolled retired 15% tariffs connected astir European goods to the U.S.
Some countries, however, including Brazil and Laos, person received tariff rates arsenic precocious arsenic 40% and 50%.
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