President Donald Trump, in a gaggle with reporters on his plane as he returned from Scotland, said that he will impose tariffs to pressure Russia on Aug. 8, 10 days from now.
At a press conference in Scotland, President Donald Trump told local reporters that adjustments to the 25% tariff charged on British steel and aluminum would be known "pretty soon."
President Donald Trump said he's no longer giving Russia 50 days, until Sept. 2, to stop its war in Ukraine or face trade measures. He told reporters in Scotland on July 28, "I'm going to make a new deadline of about 10 or 12 days from today. There's no reason in waiting," he said. "We just don't see any progress being made."
President Donald Trump, speaking at an event on artificial intelligence July 23, told the audience that for countries that are smaller trading partners, there will be a tariff imposed on their goods between 15% and 50%.
At a reception for lawmakers, President Donald Trump complained that Ozempic costs almost $1,300 in the U.S., and only $88 in England, and that countries with price controls on prescription drugs must change their policies.
For the countries outside America's top 30 or so trading partners, the U.S. likely will apply either 10% or 15% tariffs, President Donald Trump said in a telephone interview July 16.
The president of Indonesia confirmed to reporters in Jakarta that he agreed to 19% tariffs, in exchange for buying more wheat, soybeans, fuel and Boeing aircraft.
The U.S. will set one tariff rate for "smaller countries" in a "notice of payment" without negotiation, President Donald Trump said.
National Economic Council Director Kevin Hassett said July 13 on ABC's "This Week" that the president is not satisfied with "some sketches of deals that had been negotiated with {Commerce Secretary] Howard Lutnick and the rest of the trade team, and the president thinks that the deals need to be better, and to basically put a line in the sand, he sent these letters out to folks. And we'll see how it works out."
President Donald Trump expressed pessimism about reaching a trade deal with Japan, and suggested that the tariff rate would be higher than the 24% country-specific rate briefly in effect April 9 in comments to reporters traveling on Air Force One July 1.