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Trump tariffs list: The US global tariffs plan at a glance Trump tariffs list: The US global tariffs plan at a glance
(34 minutes later)
Watch: Key moments in Trump’s ‘Liberation Day’ tariffs announcement Watch: Three things to know about Trump's tariffs announcement
Donald Trump announced a sweeping new set of reciprocal tariffs on Wednesday, arguing that they would allow the United States to succeed.Donald Trump announced a sweeping new set of reciprocal tariffs on Wednesday, arguing that they would allow the United States to succeed.
Trump's tariffs, which he imposed via executive order, are expected to send economic shockwaves around the world. The White House released a list of roughly 100 countries and the tariff rates that the US would impose in kind.Trump's tariffs, which he imposed via executive order, are expected to send economic shockwaves around the world. The White House released a list of roughly 100 countries and the tariff rates that the US would impose in kind.
Here are the basic elements of the plan.Here are the basic elements of the plan.
LIVE: Updates and analysis as Trump announces global tariffs planLIVE: Updates and analysis as Trump announces global tariffs plan
10% baseline tariff10% baseline tariff
In a background call before Trump's speech, a senior White House official told reporters that the president would impose "baseline tariffs" on all countries.In a background call before Trump's speech, a senior White House official told reporters that the president would impose "baseline tariffs" on all countries.
That rate is set at 10% and will go into effect on 5 April.That rate is set at 10% and will go into effect on 5 April.
Some countries will only face the base rate. These include:Some countries will only face the base rate. These include:
United KingdomUnited Kingdom
SingaporeSingapore
BrazilBrazil
AustraliaAustralia
New ZealandNew Zealand
TurkeyTurkey
ColombiaColombia
ArgentinaArgentina
El SalvadorEl Salvador
United Arab EmiratesUnited Arab Emirates
Saudi ArabiaSaudi Arabia
Custom tariffs for 'worst offenders'Custom tariffs for 'worst offenders'
White House officials also said that they would impose specific reciprocal tariffs on roughly 60 "worst offenders", to go into effect on 9 April.White House officials also said that they would impose specific reciprocal tariffs on roughly 60 "worst offenders", to go into effect on 9 April.
These countries charge higher tariffs on US goods, impose "non-tariff" barriers to US trade or have otherwise acted in ways the government feels undermine American economic goals.These countries charge higher tariffs on US goods, impose "non-tariff" barriers to US trade or have otherwise acted in ways the government feels undermine American economic goals.
The key trading partners subject to these customised tariff rates include:The key trading partners subject to these customised tariff rates include:
European Union: 20%European Union: 20%
China: 54%China: 54%
Vietnam: 46%Vietnam: 46%
Thailand: 36%Thailand: 36%
Japan: 24%Japan: 24%
Cambodia: 49%Cambodia: 49%
South Africa: 30%South Africa: 30%
Taiwan: 32%Taiwan: 32%
No additional tariffs on Canada and MexicoNo additional tariffs on Canada and Mexico
Canada and Mexico are not mentioned in these new tariff announcements.Canada and Mexico are not mentioned in these new tariff announcements.
The White House said they would deal with both countries using a framework set out in previous executive orders, which imposed tariffs on Canada and Mexico as part of the administration's efforts to address fentanyl and border issues.The White House said they would deal with both countries using a framework set out in previous executive orders, which imposed tariffs on Canada and Mexico as part of the administration's efforts to address fentanyl and border issues.
He previously set those tariffs at 25%, before announcing some exemptions and delays.He previously set those tariffs at 25%, before announcing some exemptions and delays.
Trump agrees to pause tariffs on Canada and MexicoTrump agrees to pause tariffs on Canada and Mexico
25% tariffs on auto imports25% tariffs on auto imports
In addition, the president announced the US would impose a "25% tariff on all foreign made-automobiles".In addition, the president announced the US would impose a "25% tariff on all foreign made-automobiles".
Those tariffs would go into effect almost immediately, at midnight on 3 April.Those tariffs would go into effect almost immediately, at midnight on 3 April.