US President Donald Trump on Wednesday unveiled a historic tariff package imposing duties on more than 180 countries, calling them “kind” and “discounted”. The move, announced in the White House Rose Garden, marks the most extensive trade action by the US in decades.
The tariffs, which take effect immediately, aim to counter what Trump’s administration describes as unfair trade practices, including currency manipulation and trade barriers. The new policy includes: A baseline 10 per cent tariff on all imports from countries not explicitly listed and higher tariffs on countries that, according to the administration, impose steeper trade barriers on US exports.
LIBERATION DAY RECIPROCAL TARIFFS 🇺🇸 pic.twitter.com/ODckbUWKvO
— The White House (@WhiteHouse) April 2, 2025
While speaking at the White House event, the US president said he is implementing “reciprocal tariffs” on all countries of “approximately half” of what they charge the US.
Calling these as “discounted reciprocal tariffs”, President Trump explained that if China charges the US a tariff of 67%, so the United States will charge China a 34% tariff.
Bringing out a chart to show the audience, he showed that the US will charge the European Union a 20% tariff, Vietnam a 46% tariff, Taiwan 32%, Japan 24%, India 26%, South Korea 25%, Thailand 36% and more.
Following is the list of new tariff rates displayed by Trump
China: 34%
European Union: 20%
Vietnam: 46%
Taiwan: 32%
Japan: 24%
India: 26%
South Korea: 25%
Thailand: 36%
Switzerland: 31%
Indonesia: 32%
Malaysia: 24%
Cambodia: 49%
United Kingdom: 10%
South Africa: 30%
Brazil: 10%
Bangladesh: 37%
Singapore: 10%
Israel: 17%
Philippines: 17%
Chile: 10%
Australia: 10%
Pakistan: 29%
Turkey: 10%
Sri Lanka: 44%
Colombia: 10%
Peru: 10%
Nicaragua: 18%
Norway: 15%
Costa Rica: 10%
Jordan: 20%
Dominican Republic: 10%
United Arab Emirates: 10%
New Zealand: 10%
Argentina: 10%
Ecuador: 10%
Guatemala: 10%
Honduras: 10%
Madagascar: 47%
Myanmar (Burma): 44%
Tunisia: 28%
Kazakhstan: 27%
Serbia: 37%
Egypt: 10%
Saudi Arabia: 10%
El Salvador: 10%
Côte d’Ivoire: 21%
Laos: 48%
Botswana: 37%
Trinidad and Tobago: 10%
Morocco: 10%
The White House announced that due to a national emergency arising from security concerns linked to persistent trade deficits, the US will impose a baseline 10% tariff on all imports starting at 12:01 am ET on April 5 (9:30 am IST), with higher country-specific tariffs set to take effect from 12:01 am ET on April 9 (9:30 am IST).
Items from countries labeled by the White House as the “worst offenders,” including the European Union, China, Vietnam, and Laos, will face significantly higher tariffs as part of what Trump described as payback for unfair trade practices.
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Some of the steepest tariffs will be imposed on smaller nations, with imports from Cambodia facing a 49% tariff, while Vietnam and Laos will be hit with 46% and 48%, respectively.
“We subsidise a lot of countries, keeping them in business. Why are we doing this?” Trump said. “This is why we have big deficits and growing debt. We’re not taking it anymore.”
“In the face of unrelenting economic warfare, the US can no longer continue a policy of unilateral economic surrender. We cannot keep paying for the deficits of Canada, Mexico, and others. We take care of countries worldwide, paying for their military and expenses, but when we step back, they get upset. Our priority must be taking care of our own people first,” the President added.
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