Start 5. April, all imports in the United States will be subject to the basic tariff of 10%. Then, starting from 9. April, about 90 countries, which, according to Trump administration, currently imposing import tax on American goods, will also be affected by additional reciprocal tax.
For example, imports from Egypt, Great Britain, Ecoador and United Arab Emirates will be wasted with reciprocal tariffs, while the goods coming from the European Union will face a 20% reciprocal tariff, cinema 34%, and cabs with the highest reciprocal tariff rate of 49%.
I-HWA CHENG / AFP via Getty Images
The only two trading partners were completely exempt from Wednesday reciprocal tariffs were Mexico and Canada. And those countries, however, are faced with 25% of tariffs under separate policies that target Aluminum and steelwho entered into force in February, as well as the import of vehicles, which are placed to take effect on Thursday.
Speaking on the news of Fox Wednesday, the Secretary of the Treasury Scott Bensent said that the goods from Mexico and Canada would currently cover the U.S. Agreement in Canada to now remain exempt from reciprocal tariffs for now.
Economists They warned In order for tariffs across the street could adore financing the Americans of lower incomes and helping and encourage Recession. But in his announcement from the rose of the White House, which he called “Day of Liberation,” Mr. Trump painted a touching picture of us who used the allies.
“The trade deficit is no longer just an economic problem. They are a national emergency that endangers our security and our way of life. It is a very big threat to our country,” said the president.
The answer so far from foreign leaders on Mr. Trump’s announcement ranged from the muffled to critically.
The Chinese Ministry of Trade in Statement for Agence France-Presse called for the United States to “immediately cancel” the tariffs. White House official told CBS news that reciprocal tariffs are additive, which means, which means that Chinese retaaries in the amount of 34% are in addition Up to 20% of tariffs that have already been in place.
“China calls now to immediately cancel unilateral tariff measures and properly resolve the differences with trade partners through equal dialogue,” the Ministry said, saying that “jeopardized global economic development.”
Swedish Prime Minister Ulf Kristerson argued that “a free company and competition set the foundations in West of West … That is why I deeply regret about the road, and wanted to restrict trade with higher tariffs.”
He continued, “My hope, and our goal is to be able to contain new American tariffs.”
Giorgia Meloni, Italian right-wing Prime Minister and trump who visited it On the Mar-Lago in January, they called tariffs on the EU “wrong” and move “that does not match any foreigners.”
“We will do everything we can do with the Contracting with the United States, whose goal is to prevent the trade war that would inevitably weaken the West in favor of other global actors” Meloni told. “In any case, as always, we will act in the interest of Italy and its economy, even a comparison with other European partners.”
Sok Eysan, a spokesman for the National Party, told the New York Times in the statement: “As a small country, we just want to survive. If he appreciated human rights and democratic principles, he would never harass small countries.”
Irish Prime Minister Michelal Martin said at the social media, “the decision of American tonight was imposed on imports from the entire European Union is deep. I very much believe that tariffs cannot protect Irish jobs and Irish economics.”
Simon Harris, Deputy Prime Minister of Ireland, not sugar His feelings of what he thinks he represents a “huge challenge for Irish exporters in the United States in all sectors.”
“I have to be honest tonight that for goods from 20 percent of the goods from all EU countries can significantly affect the economy and the influence of what is announced, it is likely to feel for a while,” Harris said in the long-lasting position of social media.
Comments come only weeks After Martin had a tense meeting with Mr. Trump in the White House in the middle of the threatening direction.
“All in all, tariffs harm trade, harmful to companies, but also harms consumers, because it will lead to the price of consumers,” Martin told CBS in the interview at the time.
Japanese Yojita Trade Minister told reporters that tariffs for 24% in Japanese goods “extremely regret”, according to AFP.
“I have passed that unilateral tariff measures taken by the United States extremely regret, and again I strongly called on (Washington) to not apply them to Japan,” Muto said.
In a very short statement, Swiss President Karin Keller-Sutter just said Switzerland would “quickly determine the following steps.”
Caitlin Yilk and
contributed to this report.
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2025-04-03 03:35:00