Trump Eyes Tariff Rate of 10% or 15% for More Than 150 Countries

WATCH: Trump said he’ll notify 150+ countries that their tariff rate could be 10% or 15% in what could be a positive for markets. Katia Dmitrieva reports.Source: Bloomberg

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By Josh Wingrove, Kate Sullivan, and Hadriana Lowenkron

July 16, 2025 at 4:19 PM UTC

Updated on

July 17, 2025 at 1:21 AM UTC

President Donald Trump said he would send letters to more than 150 countries notifying them their tariff rates could be 10% or 15% as he forges ahead with his trade agenda.

“We’ll have well over 150 countries that we’re just going to send a notice of payment out, and the notice of payment is going to say what the tariff” rate will be, Trump told reporters on Wednesday at the White House.