T&T now faces a 15 per cent tariff, up from the 10 per cent President Trump announced for this country back in April when he first started issuing higher tariffs.

Nearly 40 other countries are in this 15 per cent category while 10% will remain for countries with which the US has a trade surplus

He said this was based on information and recommendations from various senior officials on, among other things, the continued lack of reciprocity in our bilateral trade relationships.

Many other countries are facing tariff rates of between 18 and 41 per cent with Canada facing 35 per cent.