Trump teases 'exceptions' to 10% baseline tariffs

[BumRushDaShow]

Source: Business Insider

Apr 12, 2025, 9:07 AM ET


President Donald Trump on Friday teased that his sweeping baseline 10% tariff on most trading partners could have "a couple of exceptions."

Speaking to reporters on board Air Force One as he made his way to his Mar-a-Lago resort in Florida, Trump said 10% was "pretty close" to a floor for those looking to make a deal. "There could be a couple of exceptions for, you know, obvious reasons, but I would say 10% is a floor," he told reporters, without elaborating.

The 10% baseline rate, announced as part of the president's "Liberation Day" tariffs, came into effect on April 5. Higher duties on certain countries also began on April 9 before Trump called for a 90-day pause. The policy changes have fueled wild volatility in both stock and bond markets this week and drawn concern from economists and some notable names on Wall Street.

Pressed on what he thought about the market reaction, Trump told reporters Friday: "I think people are seeing we're in great shape. We're making a lot of money as a country now." "I think the bond market's going good. It had a little moment but I solved that problem very quickly. I'm very good at that stuff you know," he added.

Read more: https://www.businessinsider.com/president-donald-trump-teases-exceptions-tariffs-baseline-levies-2025-4

[kimbutgar]

1. It's all blah blah blah bullshit coming from his anus mouth!

[Scrivener7]

2. Yeah. The bond market is what is going to bring us down. He's very good at bringing things down, you know.

[Deminpenn]

3. As O'Donnell ponted out, this is what happened with Trump I tariffs

There were so many exemptions, basically nothing had a tariff on it.

This is the same thing starting to happen now.

[Bernardo de La Paz]

4. He'd be steady & steadfast if he had a concept of an idea of a plan. He doesn't and therefore he isn't. . . nt

[Irish_Dem]

5. Still selling exemptions I see.

He is making a great deal of money.

I guess he is good at extortion and threats.

[Silent Type]

6. Before it's over, trump will have to pay foreign countries to even talk to us. What an ignorant MFer.

[C_U_L8R]

7. Somewhere there is hard evidence

That will not only bring down Trump but will absolutely ruin the lives of every idiot who conspired along with him. Is it really worth it?

[slightlv]

12. I live only to see this day, C U L8R!

[turbinetree]

8. Hey Supreme Court and United States Senate ............you should be blamed for this shit show......

or do you want the public to forget about what you did..................not happening...............

[Bengus81]

9. Isn't that POS now also exempting many of the smaller things that WalMart sells?

Thought I saw that on MTM. Pretty soon he'll have 145% tariffs on China....on nothing.

[hay rick]

10. Once a grifter always a grifter.

[IronLionZion]

11. "I'm very good at that stuff you know,"