President Donald Trump said Monday that he will likely implement a blanket tariff between 15% and 20% on imports to the United States from countries that have not negotiated separate trade agreements.
“For the world, I would say it’ll be somewhere in the 15% to 20% range ... I just want to be nice,” Trump said in Turnberry, Scotland, alongside United Kingdom Prime Minister Keir Starmer.
“I would say in the range of 15% to 20% probably one of those two numbers,” he continued.
The figures are significant because they represent an increase from the 10% baseline tariff Trump announced in April of this year.
It also could take a toll on smaller countries hoping that the tariff rate would be closer to 10%.
