Trump Says He Will Impose Tariffs of More Than 10 Percent on Smaller Nations

5Mind. The Meme Platform

Commerce Secretary Howard Lutnick said that the tariffs would target smaller nations such as those in Africa and the Caribbean.

President Donald Trump said on Tuesday that he intends to impose tariff rates of more than 10 percent on imports from “smaller nations.”

Trump told reporters that his administration will release a letter soon, notifying those countries of the tariff rates they will be subject to when exporting goods to the United States.

“We’ll be releasing a letter soon talking about many countries that are much smaller,” he said after arriving from Pittsburgh. “We’ll probably set one tariff for all of them.”

When asked about the specific rates, Trump replied that it would probably be “a little over 10 percent.”

While Trump did not name specific countries, Commerce Secretary Howard Lutnick clarified that the tariffs would apply to smaller nations such as those in Africa and the Caribbean.

Trump said the tariff rates were determined based on the trade deficits those countries have with the United States and other factors.

According to the Office of the U.S. Trade Representative, the United States recorded a $7.4 billion goods trade deficit with Africa in 2024, with total goods trade with the continent reaching an estimated $71.6 billion in the same year.

The Economic Commission for Latin America and the Caribbean stated in its recent report that the U.S. trade deficit with the region reached $125 billion in 2023, with total goods trade exceeding $1 trillion that year.

Trump told reporters that the U.S. government has secured a “terrific deal” with Indonesia that will grant the United States full access to the Indonesian market.

Trump announced on Truth Social earlier in the day that Indonesian goods would be subject to a 19 percent tariff, while U.S. exports to Indonesia will face no tariffs or trade barriers. He also stated that Indonesia has committed to buying $15 billion in U.S. energy, $4.5 billion in agricultural goods, and 50 Boeing jets.

By Aldgra Fredly

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The family fault line

The future of humanity rests not upon government, but with the family. A principle that is as bold as it is true and profound.

Media is an Arm of the DNC

Those on the conservative right have realized both television, Hollywood, and the web have been biased in favor of the left and their causes and positions.

When Narrative Replaces Law

When media abandons its responsibility to inform and chooses to provoke, it does not distort truth. It creates the very chaos it then pretends to lament.

Behind the Curtain

At times people sense something is wrong. Events seem disconnected, yet together form a pattern of irrational policies, cultural shifts, and baffling narratives.

The Sedition of Minnesota’s Walz and Frey

The death of 37 year old Renee Nicole Good was preventable. Responses of Democrats Walz and Frey are contemptable and possibly sedition.

Schools Increasingly Consider Rewarding Teachers for Results, Not Seniority

Across many states and hundreds of school districts, traditional teacher pay based on seniority is being replaced by merit and performance models.

Unlawful Assembly Declared at Minneapolis Protest, Arrests Made

Law enforcement officials arrested a handful of anti-ICE protesters in Minneapolis after they did not leave the area when unlawful assembly was declared.

Operation Salvo Leads to Arrest of 54 Individuals in New York City: DHS

Authorities have arrested 54 individuals in New York under Operation Salvo, operation launched following shooting of CBP officer, the DHS said in Jan. 9 statement.

Over 50 Percent of North Carolina Trucking Licenses Issued to Foreigners Are Illegal: Duffy

A review of non-domiciled commercial driver’s licenses granted in North Carolina found that 54% were issued illegally, DOT said in a statement on Jan. 8.

Trump Declares National Emergency to Shield Venezuelan Oil Revenues Held in US Custody

Trump signed an EO declaring a national emergency to block courts or private creditors from seizing Venezuelan oil revenues held in U.S. Treasury accounts.

Trump Directs Purchase of $200 Billion in Mortgage Bonds

President Trump on Thursday ‍said the United States will purchase $200 billion ‌in mortgage bonds, with the goal of bringing down housing costs.

Trump Says US Will Begin Land Strikes on Cartels in Mexico

President Donald Trump announced in an interview aired Jan. 8 that the United States would begin launching strikes on cartels in Mexico.

US Trade Deficit Narrows Sharply to Lowest Level Since 2009

The U.S. trade deficit fell sharply in October 2025, reaching its lowest level in 16 years, new Bureau of Economic Analysis data released Jan. 8 shows.
spot_img

Related Articles