“I would say India, and we have a couple of others, but I have to tell you, for the most part, I’m very happy with the letters,” Trump said.
The president also said that he was likely to impose a standard tariff of “probably a little over 10 per cent” on smaller countries that did not receive tailored rates.
Earlier, Trump said representatives from the European Union, which faces a 30 per cent tariff, would be meeting with US negotiators this week. After returning from Pittsburgh, Trump said that while some countries, including South Korea, had indicated a willingness to “open” trade after his threats, others, like Japan, had not.
Trump also dismissed concerns that his threat earlier in the week to impose “secondary” tariffs on Russian trading partners if Moscow did not agree to a ceasefire with Ukraine could impact US consumers, even as experts warned the president risked driving up energy costs with his plan.
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