Trump floats 15 to 20% blanket tariff on trading partners

Legit | 11-07-2025 03:11pm |

US President Donald Trump on Thursday said he was considering imposing a 15 or 20 percent blanket tariff on countries that had not yet received specific notifications, effective August 1. In his letters to leaders from more than 20 countries, Trump outlined duties ranging from 20 percent to 50 percent -- in the case of Brazil -- that would take effect on August 1.

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