Trump to send letters to 150 countries informing them of the upcoming tariff rates

President Donald Trump announced on Wednesday that he would be sending letters to 150 different countries in which he would inform them about the tariff rates they would soon be getting. 

“It’s all going to be the same for everyone, for that group,” Trump said while at a meeting with the Bahrain Crown Prince Salman bin Hamad Al Khalifa at the White House. "They’re not big countries, and they don’t do that much business. Not like the ones we’ve agreed with, like China, like Japan.”

Currently, many countries are paying a baseline tariff price of 10% set by the president earlier this year.

Trump said earlier that the new baseline tariff price could increase to either 15 or 20%.

The president said the U.S. is currently in trade negotiations with other countries in order to get fairer deals.

“We have another [deal] coming up, maybe with India," Trump said, according to Politico. "I don’t know. We’re in a negotiation."