Trump says that basal tariff rates for most countries will be in the range of 15-20%

President Trump said Monday that the rate of rate for most countries that do not reach individual trade agreements with the US.

When asked about a tariff rate “for the world”, as Trump said, the president replied: “He would say he will be somewhere in the range of 15 to 20%.” The president of the United States made the comments sitting next to Prime Minister of the United Kingdom Keir Starmer in Scotlandas Mr. Trump Visits His golf walks there and meets with European leaders.

The United States and the United Kingdom have already reached a commercial agreement, and during the weekend, after meeting with the president of the Commission of the European Union, Ursula von der Leyen, the two leaders announced A commercial agreement between the United States and the EU.

A deadline of the Trump administration of August 1 is approaching quickly so that other countries reach the commercial agreements with the US. UU. Without an individual agreement, Trump says that the products of most countries will see a flat rate.

“I just want to be kind. I would say in the range of 15 to 20%,” Trump said Monday, adding: “Probably one of those two numbers.”

But as recently as Wednesday, Trump floated a higher range, between 15% and 50%. Mr. Trump, who In April he said The United States had 200 trade agreements with other nations, since then it has said that there are too many countries for individual commercial agreements with all of them and the United States will have “simple” tariffs for “most countries.”

“We have more than 200 countries, people do not realize, that’s a lot, that’s many offers … That would be too much for anyone,” said the president on Wednesday.

The importing business pays tariffs to the United States government, and are not paid directly by the government or company of a foreign company. Companies can transmit those higher expenses to US consumers.