Trump Tariffs: Which countries will strike – and what are they likely to? | News Donald Trump

U.S. President Donald Trump has presented His long-awaited “reciprocal” tariff plan, on the movement sent by the financial markets that were called in the middle of growing fears from the global trade war.

Trump announced 10 percent of the “minimum basic tariff” on Wednesday at almost all imports to the United States. Larger duties on target countries will be phases shortly afterwards.

He claimed that the new import taxes were designed to reduce the trade deficit and bring the side of production back to the American shores. He also said that he would numb the path of the tax future decrease.

As Trump aimed at the global trading system, he said he “shot off” the US Tariffs He encouraged an immediate background, and some American largest trading partners promise countermeasures.

What was announced?

Referring to the International Economic Powers from 1977, Trump announced a tariff of 10 percent in all countries, which should take effect 5. April.

Then he discovered that it would be “Individualized” tariffs For countries that have large trade surpluses with the USA or which imposes greater duty on American imports. These tariffs would take effect four days later, 9. April.

Trump explained that his team calculated the tariffs “individualized” by taking half of what he claimed that those countries accused the United States for her export.

As such, the European Union ranges 20 percent of the tariff, while the United Kingdom is released with 10 percent of imposes.

China has meanwhile been granted 34 percent – in addition to 20 percent of the tariffs that Trump had already imposed by Chinese imports from 20. January. Vietnam will be Taran at 46 percent, and Thailand 36 percent.

Mexico and Canada, the two largest trade partners and its immediate neighbors, were missing from the census, but they are already facing 25 percent of tariffs for all exports in the United States who are not covered by US Trade Pact in the USA.

Reciprocal tariffs will not relate to some goods such as copper, semiconductors, energy and “certain minerals that are not available in the United States”, according to the White House.

Reciprocal tariffs can be subject to change. According to the White House document, the tariffs can be negotiated with trade partners who “take significant steps to remove non-reciprocal arrangements.”

What did Trump say?

“For decades, our state is robbed, looted, raped by the people near and far, both as a friend and enemy, was alike,” Trump told workers, members of cabinets and journalists.

“Foreign leaders stole our jobs. Foreign cheaters were cheated by our factories. And foreign strangers tore into our former American dream.”

But he proclaimed that Wednesday would mark a turning point in American history, marking the end of “enchanted attacks,” said the country was withdrawn.

“2. April 2025. years, forever will remember because the day of the American industry was reborn, the day the American fate regained,” Trump said.

“We will charge them about half of what they are – and charged us. So the tariffs will not be full reciproccient,” Trump said.

“I could have done it, I guess, but it would be hard for a multitude of countries. We didn’t want to do it,” he added.

What did the target countries say in response?

Within the minutes of the Trump announcement, the world leaders began to undergo tariffs as harmful.

Chinese The Ministry of Trade promised “countermeasures for the protection of its rights and interests” in response to us “bullying,” he said in the statement. American tariffs in China are now effective at 54 percent.

While Beijing stopped saying that the Rentaliatorial countermeasures, the statement “the United States was drawn, so-called” reciprocal tariffs “based on subjective and unilateral estimates, which is not in line with international trade rules.”

He called on Trump administration to cancel tariffs and “correctly solve differences with their trading partners through equal dialogue”.

Once Beijing and Taipei appeared on the same page.

Taiwan Tariffs “very unreasonable”. Michelle Lee spokesman said Taipei “deeply complained that” Trump’s announcement for 32 percent of the tariffs on her export.

Australian Prime Minister Anthony Albanese said that the tariffs are “not an act of friends” and “completely unjustified.”

European Commission President Ursula von der Leyen responds to a new tariff of 20 percent to the EU, called the “Velika kick the world economy”.

“The consequences will be difficult for millions of people around the world,” she said, adding food, transport and medicine will cost more.

Even Canadawho was released from the latest tariffs, stiff.

“During this crisis, we must act with a purpose”, Canadian Prime Minister Mark Carney wrote on social media. “My government will fight for us tariff,” he said.

Which countries will come back with their measures?

As reciprocal tariffs will not be erupted by 9. April, countries have six days to try to reduce the deal with Trump team. But some can respond to retalia tariffs.

Canada It is one of the few American trading partners who have committed to respond to tariffs with devastated measures.

Meanwhile, European Union is “ready for the trade war” with the US and could “attack online services”, the spokesman of the French Government Sophie Primas said.

She said that the EU is preparing two-stage refutation, with a “initial response,” to set up in the area in mid-April, about aluminum and steel.

Then the EU will also target “all products and services”, with measures likely to be prepared at the end of April, the Primis said, adding this was still discussed.

“China is likely to release some kind of retaliation …” Nick Marro, the main economist in the economist intelligence unit said Al Jazeera.

Which countries are likely to prefer diplomacy?

MexicoMeanwhile, he mentioned. On Wednesday, Mexican President Claudia Sheinbaum said he would avoid dealing with Tit-For-Tat.

Similarly, British Starmer Prime Minister Keir turned off the current retaliation, promising on Thursday to keep “cool head … in the coming days.”

Business Secretary Jonathan Reynolds said at the Commons Hotel on Thursday that Westminster ensures the conversations with Washington to ensure an agreement in avoiding or reducing tariffs in the UK.

In Asia, several countries would be ready to take a trump card and risk further retaliation, Marro said.

Apart from China, “many other Asian markets are not in fact that revenge,” because of the importance of the United States as a source of final demand, “he said.

Dario Perkins, CEO of Lombard – London financial research company – has been agreed widely and said that most countries will favor the “other half-time policies” due to retalijan tariffs.

“I think the central banks will facilitate monetary policy (reducing interest rates on attempt and strengthen growth),” Perkins told Al Jazeer.

However, he said that “Global Trade would be much weaker and international supply chains will shorten. The multilateral era dies.”

How did the markets answer?

From now on to Asia, Markets collapsed While investors were concerned about the sharpest turn towards the protekmism of the world’s largest economy since the 1930s.

Dow Jones Industrial lost 2.6 percent on Wednesday, the end loss environment for American companies.

German fell by 1.7 percent on Thursday on Thursday, while Cac 40 cured 1.8 percent in Paris. The British FTSE 100 lost 1.2 percent.

In Asian trading, Toki’s index of Nikkei 225 in Thursday he entered 4 percent on Thursday, and collaborators and banks take large hits.

As global stocks fell, investors rushed to buy gold – a traditional security for refuge during the market volatility period.

The precious metal is on Thursday, before parry somewhat averse taller taller is 3,167.84 dollars per ounce (28,3g).

The players on the market are concerned about the dismantling of international supply chains and inflation typing effects, and even recessions, Not in the least in the US.

Goldman Sachs recently launched his assessment for the probability of the American recession over the next 12 months to 35 percent, which is earlier than 20 percent.

The UBS Bank was a note on Thursday, saying that “that was probably American real GDP (2025) to be endangered by 1.5-2 percent, and inflation could increase at 5 percent if these tariffs soon would not accelerate.”