US to impose uniform tariff rate on over 150 economies: Trump

WASHINGTON — US President Donald Trump unveiled a plan to impose a unified tariff rate on more than 150 countries and regions, according to a media report.

"It's all going to be the same for everyone, for that group," Trump told reporters during talks with Bahrain's Crown Prince Salman bin Hamad Al Khalifa at the White House on Wednesday.

Those to be covered under the new measure are described by Trump as "not big" and ones that "don't do that much business."

In April, the Trump administration introduced a baseline tariff of 10 per cent on economies not covered by bilateral deals. Although Trump has previously suggested the new baseline could be raised to 15 per cent or 20 per cent, he did not specify a new rate on Wednesday, reports Xinhua news agency, quoting Politico.

Also read: US tariffs to now take effect from August 1 as trade talks intensify

EU urged to respond firmly as Trump's tariff threat sparks outrage

Trump slaps 30 pc tariffs on EU, Mexico starting August 1

The US government has already sent letters to about two dozen economies -- including the European Union, Japan and South Korea -- outlining the tariff rates they will face starting Aug. 1, the report said. The announcement has prompted intensified negotiations as affected trading partners seek more favourable terms.

However, analysts and observers continue to express doubts about whether the new tariff schedule will take effect as planned on Aug. 1, amid concerns about its potential impact on the U.S. economy and domestic politics, according to the report.

Countries and regions such as Switzerland and India, which accounted for more than 3 per cent of the US trade deficit in 2024 but have not yet received official notices, remain in negotiation with Washington.