Trump: Global tariff rates will be between 15% and 20%

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[Trump: The global tariff range will be between 15% and 20%] U.S. President Trump stated that he expects the U.S. will impose tariffs of 15% to 20% on countries that have not reached trade agreements with Washington. After meeting with British Prime Minister Starmer at the golf resort in Turnberry, Scotland, Trump told reporters: "I think it will be between 15% and 20%." "It could be one of those two numbers." Trump indicated that the U.S. will soon send letters to about 200 countries notifying them of the expected tariff rates on U.S. exports. Since April, Trump has imposed an additional 10% tariff on most countries, and the tariff rates for many other countries will increase starting August 1.

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