Donald Trump, 67 tariff
Digest more
Top News
Impacts
CNN |
Trump has promised to impose dollar-for-dollar reciprocal tariffs on countries he believes treat the United States unfairly in trade, whether through high tariffs or non-tariff barriers.
The New York Times |
Imports from China have been hit with tariffs of 145 percent.
Read more on News Digest
In April 2025, the United States government issued an Executive Order imposing sweeping reciprocal tariffs on imports from dozens of countries, marking a pivotal turn in global trade policy. ..
For example, if the U.S. is facing a significant trade deficit with Country A, the government may impose a reciprocal tariff to increase the cost of imports from that nation. This, in theory, helps to decrease the volume of imports while also encouraging consumers to purchase domestic alternatives, ultimately supporting local industries.
Previously announced tariffs, including 25% on all automobile, steel and aluminum imports, still apply to Canadian and Mexican imports with some questions lingering over implementation specifics. Several countries left off the reciprocal tariff breakdown ...
Vietnam got 46%; India, 26%. Nigeria? Just 15 percent. Trump claimed that these "reciprocal" tariffs reflect how other countries already tax American products. "That means they do it to us and we do it to them," he said. "Very simple." That is not true.
The idea of scaling back eye-watering “reciprocal” tariffs rattled around President Trump’s head for several days after the April 2 “Liberation Day” announcement.
The most alarming aspect of Trump's tariff policies for many were the so-called "reciprocal" tariffs ... in the future once companies have a better understanding of the tariffs, if at all.
1d
Raw Story on MSN'Something's wrong with the numbers': Right-wing host berates Trump aide on tariff formulaRight-wing host Eric Bolling dressed down White House spokesperson Harrison Fields and accused President Donald Trump of not understanding the formula his administration used to calculate his so-called reciprocal tariffs.
US President Donald Trump has slapped Australia with a 10 per cent “reciprocal” tariff, and if you’re expecting fury from Aussies, think again.