Small Countries Have Low Trade Volume with the U.S.; Trump to Set Unified Tariffs for Over 150 Countries
On the 16th, U.S. President Donald Trump stated that tariffs for more than 150 countries, considered part of the same group, will no longer be subject to trade negotiations. Instead, the U.S. will directly send official letters informing them of the final tariff rate. Under the current plan, the rate may be 10% or 15%.
Trump said, "These countries do not have significant trade volume with us, and they are not major powers."
"We will send a notice of payment directly and inform them of their tariff rate."
"As for whether the final rate will be 10% or 15%, we haven’t decided yet."
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