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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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Evening StandardEvening Standard
+17 Reposted by 17 other sources
Center

Nobody is welcoming tariffs ‘with open arms’, says Irish premier

Micheal Martin said any effect the new trading arrangements would have on October’s budget would be decided closer to the time.

·London, United Kingdom
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  • 46% of the sources are Center
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Cadena Noticias broke the news in on Monday, July 28, 2025.
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