President Donald Trump said Monday he expects to implement a blanket tariff between 15% and 20% on imports from countries without U.S. trade deals, according to CNBC. Speaking in Scotland, Trump said the new tariff would replace the 10% baseline and apply to countries without trade deals, offering a simpler alternative to negotiating 200 agreements. Commerce Secretary Howard Lutnick previously floated a 10% rate for smaller nations, but Trump’s comments suggest a steeper penalty is imminent. The announcement comes days before the August 1st tariff deadline, with officials signaling no urgency to strike new deals. Tariffs of 15% were recently applied to Japan and most European goods, while Brazil and Laos have seen rates as high as 40% to 50%.
