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US Treasury Chief Sees 100 Countries Getting 10% Reciprocal Tariff

Summary by Channel News Asia
WASHINGTON :About 100 countries are likely to see a reciprocal tariff rate of 10 per cent, U.S. Treasury Secretary Scott Bessent said on Thursday, adding that he expects "a flurry" of trade deals announced before a July 9 deadline that could see tariff rates increase sharply."We'll see how the President wants

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About 100 countries are likely to receive a reciprocal tariff rate of 10 percent from the United States, US Treasury Secretary Scott Besant said today.

·Belgrade, Serbia
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The Secretary of the Treasury anticipated that nearly 100 countries will face reciprocal tariffs of 10%. The bill could cost more than $82 billion to US companies. The post Donald Trump hastened the trade clock: The US would apply 10% tariffs to nearly 100 countries appeared first on The Intransigent.

Trump throws stones on his own roof when he explains that his reciprocal rates are partly justified as a tool to compensate for government support or market distortions with which other countries help his companies to be competitive.The post Trump throws stones on his own roof first appeared on SinEmbargo MX.Read the full text on embargo.mx

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politika.rs broke the news in Belgrade, Serbia on Thursday, July 3, 2025.
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