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Trump: Will Soon Send Tariff Letters to Small Countries, Rates May Slightly Exceed 10%

Summary: According to Jinshi data, Trump stated on Tuesday that tariff letters to smaller countries will be sent out soon, adding that there may be a tariff of 'slightly higher than 10%' imposed on these countries. Trump also expressed satisfaction with the 'simple agreements' that have been announced, setting universal tariff rates for over 20 countries ...

According to Jinshi data, Trump stated on Tuesday that tariff letters to smaller countries will be sent out soon, adding that there may be a tariff of 'slightly higher than 10%' imposed on these countries. Trump also expressed satisfaction with the 'simple agreements' that have been announced, setting universal tariff rates for over 20 countries and addressing tariff issues for the remaining countries soon. He said, 'We will soon release a letter discussing tariffs for many small countries.' 'We may impose a tariff on products from all these countries... possibly slightly exceeding 10%.'

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