Trump says tariff letters for smaller countries coming soon; rates likely over 10%

US President Donald Trump mentioned on Tuesday that messages that come to international locations smaller than American tariffs will seem quickly, including that his administration is prone to decide a “barely greater than 10 %” tariff for these international locations.

Trump, in his interview with correspondents after his arrival from the occasion in Pittsburg, mentioned he was very proud of “easy offers” already introduced that the blanket tariff charges for greater than 20 international locations will handle the customs tariffs for the remaining international locations quickly.

“We are going to make a speech quickly, we’re speaking about many international locations a lot smaller,” he mentioned. “We are going to doubtless put one tariff for all of them … perhaps slightly greater than 10 %.”