The US may introduce exemptions from retaliatory tariffs for some countries, but not lower than a minimum of 10%, US President Donald Trump said.
“Yes, of course, there may be a few exceptions, but I would say that 10% is the minimum limit“, the head of state noted, answering questions from journalists on board the presidential plane.
According to him, “many countries“ want to consult with the US about concluding trade agreements.
“We want to be fair, we set the tariffs and they can decide not to deal with us, but they can decide to pay or negotiate. Or they can choose not to pay and simply say they can't do business if they think the tariffs are too high," the president added.
Trump announced on April 2 the introduction of import tariffs on goods from 185 countries and their adjacent territories.
The universal tariffs of 10% took effect on April 5, the individual tariffs on April 9. On April 9, Trump announced that he was postponing the increase in tariffs for 90 days for 75 countries that had shown a willingness to negotiate. They will be subject to import tariffs of 10%. The American leader said that he was open to discussing tariff levels with trading partners. In addition, the head of the Washington administration did not rule out extending this three-month pause.