President Donald Trump's trade policies have gone through many iterations over the past month, but his baseline 10% tariff on nearly all countries is here to stay, the White House said. "The president is committed to the 10% baseline tariff — not just for the United Kingdom,

Key Takeaways In an interview on Sunday, Commerce Secretary Howard Lutnick said a baseline 10% tariff will stay in place as trade talks continue. Economists say a broad 10% tariff on most imports could push up prices and have adverse effects on the economy.