US EditionTrump: Global Baseline Tariff Will Likely Be 15% to 20%
UNITED STATES, JUL 29 – President Trump aims to end US trade deficits by imposing 15% to 20% tariffs on imports from countries without separate trade deals, affecting about 200 nations worldwide.
- On Monday, US President Donald Trump announced a global baseline tariff of 15% to 20%, exceeding the April baseline tariff.
- He added, "most countries will face a 15% to 20% tariff because you can’t sit down and make 200 deals," citing negotiation limits, Trump said.
- Earlier, Trump announced a trade deal with the European Union that includes a 10% tariff on most EU goods and $600 billion of investments, prior to the global tariff plan.
- Negotiations have intensified as prospects for deals dim before Friday, amid Trump’s announcement of a 15% to 20% tariff on global imports.
- As the August 1 deadline looms, Trump said his administration will notify around 200 countries soon of their new world tariff rate.
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Sydney Morning Herald+2 Reposted by 2 other sources
Government scrambling for details after Trump threatens higher tariffs
The US president indicated a range of 15 to 20 per cent as he declared his desire for a single tariff for the “rest of the world” after sealing trade deals with major economies.
·Sydney, Australia
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‘No deal? No problem’: Trump eyes sweeping 15–20% global tariff plan on non-deal trading partners
President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April.
·Mumbai, India
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Coverage Details
Total News Sources64
Leaning Left10Leaning Right10Center17Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 27%
C 46%
R 27%
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