Trump: "Imposing 15~20% Tariffs on All Remaining Countries"

Doohyun Hwang

Summary

President Trump announced that he would impose a 15~20% tariff on most trading partners.
President Trump emphasized that the tariff policy has been positively received by the market, and that the S&P 500 hit an all-time high.
There are concerns in the market that additional tariffs may strain supply chains and have a negative impact on prices and the overall real economy.

Donald Trump, President of the United States, announced a plan to impose a uniform tariff of 15~20% on most trading partners. Regarding concerns about inflation and potential shocks to the stock market, he said, "Tariffs have been received positively by the market."

In a phone interview with NBC on the 10th (local time), President Trump stated, "I will impose tariffs of 15% or 20% on all the remaining countries," adding, "The specific rate will be coordinated going forward." Currently, the United States operates a uniform tariff rate at around 10%.

President Trump emphasized, "The tariff policy has been very positively received," and "today, the stock market hit an all-time high." In fact, on this day, the S&P 500 index closed at a record intraday high.

However, recent stock market trends have been unstable. According to Forbes, after President Trump announced the first global tariff measures on April 2, the S&P 500 plunged more than 20% within just a few days, marking a historic drop. Some in the market are raising concerns that additional tariffs may strain supply chains and have a negative impact on prices and the real economy overall.