The US president has said he plans to send letters informing countries that their tariff rates could be set at 10% or 15%
US President Donald Trump has announced plans to notify more than 150 countries that they could soon face new tariff rates of 10% or 15%.
Trump has overhauled US trade policy since returning to office in January, imposing sweeping tariffs to protect domestic industry. His “Liberation Day” package on April 2 introduced a blanket 10% levy on nearly all imports, alongside steeper rates for goods from key partners including China, Mexico, Canada, and the EU. Additional duties on steel, aluminum, and vehicles have pushed average…
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