Trump floats blanket 15% or 20% tariffs on most trading partners, NBC News reports
U.S. President Donald Trump reacts, as he hosts a lunch for African leaders of Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal in the State Dining Room at the White House in Washington, D.C., U.S., Wednesday. Reuters-Yonhap
By Reuters
WASHINGTON — U.S. President Donald Trump on Thursday said that he planned to impose blanket tariffs of 15 percent or 20 percent on most trade partners, adding that the European Union and Canada could receive tariff letters by Friday.
"Not everybody has to get a letter. You know that. We’re just setting our tariffs," Trump told NBC News.
“We're just going to say all of the remaining countries are going to pay, whether it’s 20 percent or 15 percent. We’ll work that out now,” Trump was quoted as saying by the network.