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Trumps says US will maintain 10% tariffs even after trade deals
The Star
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5/10/2025
President Donald Trump said on Friday (May 9) that the US will maintain a baseline 10% tariff on imports even after trade deals are struck, adding there could be exemptions when countries offer significant trade terms.
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00:00
Some of our congressmen and senators to say a few words.
00:03
You are going to always have a baseline.
00:06
I mean, there could be an exception at some point.
00:08
We'll see.
00:08
You know, somebody does something exceptional for us.
00:11
It's always possible.
00:12
But basically, you have a baseline of a minimum of 10 percent,
00:16
and some of them will be much higher, 40 percent, 50 percent, 60 percent,
00:20
as they've been doing to us over the years.
00:21
What parameters have you given Scott Besson on negotiating with China this weekend?
00:27
We have to make a great deal for America.
00:30
Are you going to be disappointed if he comes back without a deal?
00:33
No, not at all, because we already made a great deal.
00:36
We're not doing business with China right now.
00:38
Have you given Besson a number of how low you're willing to go?
00:41
Yeah, I am.
00:43
Thank you very much.
00:43
We'll see you next time.
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