US President Donald Trump has announced a universal “baseline” 10% tariff on all imports into the US, on what he has dubbed “Liberation Day”.
Trump also unveiled a 10% tariff on UK goods and 20% on EU goods in a watershed moment for global trade. The US will also hit certain countries with much steeper tariffs, as high as 50%.
He also said he will impose a tariff of 20% on the European Union, while China faces a tariff of 34%.
Trump said that the new tariffs, include a 25% tariff on all foreign-made automobiles, would become “effective” at midnight on Wednesday.
For decades, the president said, the US “has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike”.
List
This list was supplied by the White House as an annex document following Mr Trump’s news conference. It does not include countries that are facing the 10 per cent “baseline” tariff.
Algeria 30%
Angola 32%
Bangladesh 37%
Bosnia and Herzegovina 36%
Botswana 38%
Brunei 24%
Cambodia 49%
Cameroon 12%
Chad 13%
China 34%
Côte d`Ivoire 21%
Democratic Republic of the Congo 11%
Equatorial Guinea 13%
European Union 20%
Falkland Islands 42%
Fiji 32%
Guyana 38%
India 27%
Indonesia 32%
Iraq 39%
Israel 17%
Japan 24%
Jordan 20%
Kazakhstan 27%
Laos 48%
Lesotho 50%
Libya 31%
Liechtenstein 37%
Madagascar 47%
Malawi 18%
Malaysia 24%
Mauritius 40%
Moldova 31%
Mozambique 16%
Myanmar (Burma) 45%
Namibia 21%
Nauru 30%
Nicaragua 19%
Nigeria 14%
North Macedonia 33%
Norway 16%
Pakistan 30%
Philippines 18%
Serbia 38%
South Africa 31%
South Korea 26%
Sri Lanka 44%
Switzerland 32%
Syria 41%
Taiwan 32%
Thailand 37%
Tunisia 28%
Vanuatu 23%
Venezuela 15%
Vietnam 46%
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