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US President Donald Trump on Monday said he may impose a blanket tariff in the range of 15 per cent to 20 per cent on imports to the United States from countries that haven't negotiated separate trade deals with Washington.
"For the world, I would say it'll be somewhere in the 15 per cent to 20 per cent range. I just want to be nice," Trump said in Turnberry, Scotland, alongside UK Prime Minister Keir Starmer.
Trump's remarks assume significance as they mark an increase from the 10 per cent baseline tariff the US President announced in April. It could also put economic strain on smaller countries that hoped the tariff rate would be 10 per cent.
Earlier this month, Commerce Secretary Howard Lutnick said that smaller nations, including "the Latin American countries, the Caribbean countries, many countries in Africa", would have a baseline tariff of 10 per cent, CNBC reported.
However, Trump said, "We're going to be setting a tariff for essentially the rest of the world, and that's what they're going to pay if they want to do business in the US, because you can't sit down and make 200 deals."
Several countries, including India, are still negotiating trade deals with the US ahead of Trump's August 1 tariff deadline. With the deadline approaching, Trump administration officials have suggested that the White House was not "under pressure to have more deals".
Currently, India's trade delegation, led by chief negotiator Rajesh Agrawal, is in Washington for planned discussions about a possible agreement. India - a key trading partner of the US - remains one of a handful of nations that is still in talks with the US on tariffs.
Last week, Trump announced 15 per cent tariffs on Japan, 16 per cent tariffs on Indonesia and 15 per cent levies on the European Union. However, some countries, including Brazil and Laos have been imposed tariffs as high as 40 per cent and 50 per cent.
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Published By:
Prateek Chakraborty
Published On:
Jul 28, 2025
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