Trump Plans Tariffs for Over 150 Nations
(MENAFN) US President Donald Trump has revealed his intent to alert over 150 nations that they may soon be subjected to revised customs duties of 10% or 15%.
Since returning to the White House in January, Trump has significantly restructured the country’s trade strategy, introducing broad-ranging tariffs aimed at shielding local manufacturers.
His “Liberation Day” initiative, rolled out on April 2, established a general 10% charge on almost all foreign goods.
This came alongside harsher levies targeting products from major economic partners such as China, Mexico, Canada, and the European Union.
Further surcharges on commodities like steel, aluminum, and automobiles have elevated average tariff levels to record-breaking heights.
While addressing the press at the White House on Wednesday, Trump stated, “We’ll have well over 150 countries that we’re just going to send a notice of payment out, and the notice will state what the tariff rate is going to be.”
He went on to emphasize that a unified rate would be applied across all affected nations, pointing out that many of them were “not big” and “don’t do that much business” with the United States.
Later the same day, during a discussion with a news outlet, Trump provided more specifics, mentioning that the suggested tariff figure would “probably be 10 or 15%,” although he acknowledged that the final verdict remains pending.
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