WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China.

Earlier this month, Trump said that more than 150 countries would receive a letter including a tariff rate of “probably 10 or 15%."

President Donald Trump said he will impose tariffs ranging from a minimum rate of 15% to a clip as high as 50% as his Aug. 1 deadline looms. “We’ll have a straight, simple tariff of anywhere between 15% and 50%,

A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.

Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.

President Donald Trump’s so-called “Liberation Day” tariffs are set to go into effect on Aug.1, after a 90-day delay. If an agreement isn’t reached, several counties will face steep tariffs ranging from 10%-50% on imports.