Trump eyes ‘world tariff’ of 15-20% for most countries

July 29, 2025 12:04 AM

Trump eyes ‘world tariff’ of 15-20% for most countries

President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April. Trump told reporters his administration will notify some 200 countries soon of their new “world tariff” rate. “I would say it’ll be somewhere in the 15 to 20% range,” Trump told reporters, sitting alongside British Prime Minister Keir Starmer at his luxur...

Japan will continue trade talks with US for mutually beneficial deal, Ishiba says

July 8, 2025 9:30 AM

Japan will continue trade talks with US for mutually beneficial deal, Ishiba says

Japanese Prime Minister Shigeru Ishiba said on Tuesday that he would continue negotiations with the U.S. to seek a mutually beneficial trade deal, after President Donald Trump announced 25% tariffs on goods from Japan starting August 1. Trump on Monday started notifying trade partners, from major suppliers like Japan and South Korea to minor players, of steep U.S. tariff hikes, but later indicated a willingness to delay implementation if countries made acceptable proposals. While Tokyo and Was...