
WASHINGTON (AP) — President Donald Trump says he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean. “We’ll probably set one tariff for all of them,” Trump said Tuesday, adding that it could be “a little over 10% tariff” on goods from at least 100 nations. Commerce Secretary Howard Lutnick interjected that the nations with goods being taxed at these rates would be in Africa and the Caribbean, places that generally do relatively modest levels of trade with the U.S. and would be relatively insignificant for addressing Trump’s goals of reducing trade imbalances with the rest of the world.