US tariffs could fall below 10pc, says Trump adviser

Donald Trump has hinted at a more flexible approach to tariffs, suggesting countries might lower their tariffs below 10% if they agree to trade deals. Kevin Hassett, Trump's economic adviser, emphasized that reciprocal agreements could lead nations to accept even lower tariffs than the 10% baseline. This stance challenges earlier claims Trump described 10% as a "floor" and aligns with his recent decision to delay EU tariffs initially but reconsider after a warmer tone in their discussions.