As part of a huge effort to change the global trade pattern, President Donald J. Trump published a national emergency that justifies strengthening the U.S. competitive position, protecting its sovereignty and promoting national and economic security. The declaration, issued under the International Emergency Economic Powers Act (IEPA), lays the foundation for the imposition of mutual tariffs designed to correct trade deficits and promote U.S. manufacturing bases.
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According to the White House fact sheet, the president’s move is based on a trade deficit, a decline in manufacturing bases in the country and unfair trade practices in other countries. Trump’s administration is trying to make the competitive environment develop even for businesses and workers in the country, promoting fair trade practices and reducing trade deficits.
You are watching: What is Tariff? List of Donald Trump’s Reciprocal Tariffs by Countries from Top to Bottom
Key terms of order
- Comprehensive tariffs: From April 5, 2025, all countries will impose a 10% tariff.
- Mutual Tariffs: Starting from April 9, 2025, higher personalized mutual tariffs will be imposed on countries with the largest trade deficit with the United States.
- Modified Agency: President Trump retains mandate to adjust tariffs by retaliating measures or cooperative actions against trading partners.
- Exemption: Certain commodities are exempt from reciprocal tariffs, including commodities related to national security, existing Section 232 tariffs, and essential materials that are not available in the United States.
Countries affected by Donald Trump’s reciprocal tariffs
This is the country affected by Donald Trump’s reciprocal tariffs, from highest to lowest:
|
nation |
United States reciprocal tariffs (%) |
|
Lesotho |
50% |
|
Cambodia |
49% |
|
Laos |
48% |
|
Madagascar |
47% |
|
Sri Lanka |
44% |
|
Myanmar (Myanmar) |
44% |
|
Thailand |
36% |
|
Bangladesh |
37% |
|
Botswana |
37% |
|
Serbia |
37% |
|
Bosnia and Herzegovina |
35% |
|
China |
34% |
|
North Macedonia |
33% |
|
Taiwan |
32% |
|
Indonesia |
32% |
|
Switzerland |
31% |
|
South Africa |
30% |
|
Algeria |
30% |
|
Pakistan |
29% |
|
Tunisia |
28% |
|
Kazakhstan |
27% |
|
India |
26% |
|
South Korea |
25% |
|
Japan |
twenty four% |
|
Malaysia |
twenty four% |
|
Côte d’Ivoire |
twenty one% |
|
Namibia |
twenty one% |
|
Jordan |
20% |
|
European Union |
20% |
|
Nicaragua |
18% |
|
Israel |
17% |
|
the Philippines |
17% |
|
Norway |
15% |
|
Venezuela |
15% |
|
Nigeria |
14% |
|
U.K. |
10% |
|
Brazil |
10% |
|
Singapore |
10% |
|
Chile |
10% |
|
Australia |
10% |
|
turkey |
10% |
|
Colombia |
10% |
|
Peru |
10% |
|
costa rica |
10% |
|
Dominican Republic |
10% |
|
United Arab Emirates |
10% |
|
New Zealand |
10% |
|
Argentina |
10% |
|
Ecuador |
10% |
|
Guatemala |
10% |
|
Honduras |
10% |
|
Egypt |
10% |
|
Saudi Arabia |
10% |
|
El Salvador |
10% |
Trump’s reason
The president’s policy is based on the doctrine of reciprocity, that is, entering the American market is a privilege rather than a right. By imposing tariffs equivalent to U.S. exporters, the government attempts to promote fair trade practices and correct imbalances in international trade.
The action represents a commitment to put the highest priority of U.S. manufacturing, reduce dependence on foreign supply chains, and create economic opportunities for the American people. The White House claims that fair trade policy will encourage the return of production to the United States, generate high-paying jobs, and promote domestic manufacturing in major industries.
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion