Trump has decided on basic import duty rates for 150 countries – from 15% to 50%
Photo: Donald Trump / EPA

President of the United States Donald Trump announced that it will set the basic rate of import duty at no less than 15% from August 1. About this writes Bloomberg.

"We will have a simple, direct duty of 15% to 50%."trump said. According to him, the 50% duty will apply to countries with which the United States "does not get along very well."

At the same time, the 15% duty rate will apply to countries with which the United States does not have large volumes of trade. This group is likely to include Ukraine.

This is a new stage in Trump's trade strategy, in which he wants to impose tariffs on almost all US trading partners.

At the same time, countries that conclude special agreements with Washington can expect lower rates.

Earlier this month, Trump said that more than 150 countries would receive letters with tariff rates of "probably 10% or 15%."

U.S. Secretary of Commerce Howard Luthnick confirmed that Latin America, the Caribbean and parts of Africa will receive a base rate of 10%.

Trump announced the first wave of tariffs back in April. Back then, the duty was 10% for most countries.

Some countries are already agreeing to cut rates. For example, Japan avoided the 25% duty by agreeing to 15%, opening its market to American goods and supporting a $550 billion investment fund.

The European Union and India are also trying to reach agreements with Washington before the new tariffs take effect.

According to Trump, "serious negotiations" are underway with the EU, and if the bloc opens its markets to American companies, it will receive a lower rate.