President Trump will send a letter to inform 150 countries about a uniform tariff, which will be between 15% and 20%.

Donald Trump has said he will inform 150 countries about a uniform, similar tariff for all of them in a meeting with the Crown Prince of Bahrain. Currently the base tariff is 10%, but Trump has hinted that this could rise. He also mentioned negotiations with countries like India and Japan, but expressed uncertainty about a favorable deal with them. Previous letters have sparked intense negotiations between the Trump administration and trading partners.