Trump: Global Baseline Tariff Will Likely Be 15% to 20%
- On July 28, 2025, President Donald Trump announced in Scotland that most US trading partners will face global tariffs between 15 and 20 percent.
- This announcement follows his April tariff imposition and paused higher rates to allow time for negotiating new trade deals with about 200 countries.
- A recent agreement between the US and EU established a 15 percent tariff on imports from Europe along with substantial commitments by European countries to acquire American energy supplies and defense equipment.
- The EU capped future pharma tariffs at 15 percent, a move described as mitigating risks of a trade war that could have endangered up to five million European jobs.
- The tariffs create challenges for Ireland and other EU members, but leaders say the deal avoids severe trade conflict and provides some business clarity amid evolving global trade tensions.
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Government scrambling for details after Trump threatens higher tariffs
The US president indicated a range of 15 to 20 per cent as he declared his desire for a single tariff for the “rest of the world” after sealing trade deals with major economies.
·Sydney, Australia
Read Full Article‘No deal? No problem’: Trump eyes sweeping 15–20% global tariff plan on non-deal trading partners
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.
·Mumbai, India
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Total News Sources61
Leaning Left10Leaning Right10Center17Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 27%
C 46%
R 27%
Factuality
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