U.S. President Donald Trump speaks throughout the Pennsylvania Power and Innovation Summit, at Carnegie Mellon College in Pittsburgh, Pennsylvania, U.S., July 15, 2025.
Nathan Howard | Reuters
U.S. President Donald Trump on Tuesday stated letters notifying smaller international locations of their U.S. tariff charges would exit quickly, including that his administration would doubtless set a tariff of “a little bit over 10%” for these international locations.
Trump, talking to reporters after his arrival from an occasion in Pittsburgh, stated he was very proud of “easy offers” already introduced that set blanket tariff charges for greater than 20 international locations and would handle tariffs for remaining international locations quickly.
“We’ll be releasing a letter quickly, speaking about many international locations which can be a lot smaller,” he stated. “We’ll most likely set one tariff for all of them … most likely a little bit over 10%.”
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our publication, and be part of our rising group at nextbusiness24.com