Trump Announces New Tariff Rates for Dozens of Countries

The United Arab Emirates served as the backdrop for a significant announcement from President Trump regarding US tariff rates. He revealed that within the next few weeks, dozens of countries will receive official notification of their new tariff rates. This follows a 90-day period of reduced tariffs, set at a uniform 10%. Trump candidly admitted that time constraints prevented him from meeting personally with each affected country. "We'll be telling people what they'll be paying to do business in the United States," Trump stated. This announcement marks a crucial development in US trade policy, with far-reaching consequences for global markets and international relations. The coming weeks will be critical as countries react to and adapt to these new tariff structures.