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Home » Trump says tariffs would be in 15-20% range for most countries that have yet to strike deal

Trump says tariffs would be in 15-20% range for most countries that have yet to strike deal

The Baltimore Sun by The Baltimore Sun
5 months ago
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WASHINGTON — U.S. President Donald Trump said Monday his administration expects to set tariffs somewhere in the range of 15 percent to 20 percent for most countries that have yet to reach a trade deal with it, as South Korea is striving to strike a deal before the negotiation deadline this week. Trump made the remarks during a meeting with British Prime Minister Keir Starmer in Turnberry, Scotland, as his administration’s “reciprocal” tariffs, including 25 percent duties on South Korea, are set to go into force on Friday unless a deal is reached. “I would say it’ll be somewhere in the 15-20 percent range … I just want to be nice,” he said during a press availability, sitting next to Starmer. He added, “Probably one of those two numbers.” The Trump administration has so far reached bilateral trade deals with Britain, the European Union, Japan, Vietnam, Indonesia and the Philippines, while other countries, including South Korea, are seeking to clinch a deal to reduce their proposed reciprocal tariffs. Senior South Korean officials have been cranking up their negotiation efforts as they

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