President Donald Trump on Thursday mentioned that 10% would be the flooring for his tariffs on imports from different nations that search to achieve trade agreements with the United States.
“Some will probably be a lot larger as a result of they’ve huge commerce surpluses and in lots of circumstances they did not deal with us proper,” Trump instructed reporters on the White Home.
Trump’s remark got here as he mentioned a brand new trade settlement with the United Kingdom.
Throughout that Oval Workplace occasion, Trump’s Fact Social account mentioned that U.S. tariffs on imports from the UK will stay on the baseline 10% fee that he imposed on most nations on this planet in early April.
Requested by a reporter if that’s “a template for these future commerce offers,” Trump replied, “No, no.”
“That is a low quantity, they made a superb deal,” Trump mentioned of the UK.
“One factor with U.Ok. … they at all times handled us with nice respect,” he mentioned.