Trump Floats Baseline 15% To 20% Tariffs For Countries Without Trade Deals

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US President Donald Trump on Monday indicated that he will likely impose a blanket tariff between 15% and 20% on imports from countries that haven't signed separate trade agreements with the United States."For the world, I would say it'll be somewhere in the 15% to 20% range ... I just want to be nice," Trump said during a joint appearance with UK Prime Minister Keir Starmer in Turnberry, Scotland. "I would say in the range of 15 to 20%: probably one of those two numbers," he added.The proposed rate marks a significant jump from the 10% baseline tariff Trump had announced back in April, raising concerns for smaller nations that had been expecting a more moderate approach.Earlier this month, Commerce Secretary Howard Lutnick had indicated that many smaller nations including those in Latin America, the Caribbean, and parts of Africa would face a 10% tariff under the proposed plan.US-EU Trade Deal: Tata Motors, Bharat Forge, Sona BLW Seen To Benefit. Read more on Economy & Finance by NDTV Profit.