In a bold move, President Trump revealed plans to impose tariffs exceeding 10% on goods from over 150 smaller nations, particularly targeting countries in Africa and the Caribbean. The president indicated that letters outlining these tariffs would be sent soon. This action is part of a broader strategy to revamp trade agreements and is expected to impact various sectors. Trump emphasized his commitment to setting a single tariff rate for many of these nations, signaling a significant shift in U.S. trade policy.