"U.S. President Donald Trump unveiled his long-awaited package of "Liberation Day" tariffs on imported goods, speaking in the Rose Garden of the White House on the evening of April 2.The U.S. imposed a basic 10% reciprocal tax on imports from all nations and higher tariff rates on dozens of America's largest trading partners, hitting Cambodia particularly hard with a 49% tariff, Vietnam (46%), Thailand (36%), and 34% on Chinese goods.
A 20% tariff on all goods from European Union countries and 31% on Switzerland.
Ukraine and the United Kingdom get off comparatively lightly with a 10% tariff.
Trump accused other nations of "looting, pillaging, raping and plundering" the US. The tariffs are expected to shave billions off global economic growth.
No tariffs were imposed on Russia and Belarus because, according to U.S. Treasury Secretary Scott Bessent, no goods from those countries enter the American market." NV
No comments:
Post a Comment