trump: world tariff would be somewhere in 15-20 percent range

U.S. President Donald Trump said he expected the U.S. to set tariffs in the range of 15% to 20% for those countries that did not reach a negotiated trade agreement with Washington.

"I would say it'll be somewhere in the 15 to 20 percent range," Trump told reporters, sitting alongside British Prime Minister Keir Starmer at his golf resort in Turnberry, Scotland. "Probably one of those two numbers."

Trump has said his administration will send out letters soon to some 200 countries notifying them of their expected tariff rate on exports to the United States. Trump imposed an additional 10% tariff on most countries from April, with many others slated to see their tariff rates rise from August 1.