- Title: Take a look at Trump's charts showing tariffs for 100 countries
- Date: 2nd April 2025
- Summary: NEWARK, DELAWARE, UNITED STATES (APRIL 2, 2025) (REUTERS) (SOUNDBITE) (English) THOMAS BRIDGES, ASSISTANT PROFESSOR OF ECONOMICS AT THE UNIVERSITY OF DELAWARE, SAYING: "If this just isn't a strategic ploy to try to, you know, bargain one-on-one with other countries to bring tariffs down on both sides, if this leads to an environment where there's higher tariffs globally fo
- Embargoed:
- Keywords: Tariffs Trump chart reciprocal trade
- Location: WASHINGTON, D.C., UNITED STATES
- City: WASHINGTON, D.C., UNITED STATES
- Country: US
- Topics: North America,Government/Politics,International Trade
- Reuters ID: LVA001376102042025RP1
- Aspect Ratio: 16:9
- Story Text: Footage showed the charts presenting U.S. President Donald Trump's reciprocal tariffs to match duties put on U.S. goods by other countries on Wednesday (April 2).
Speaking in the White House Rose Garden, Trump said he would impose a 10% baseline tariff on all imports and held up a chart showing higher duties on some of the country's biggest trading partners, including 34% on China and 20% on the European Union. A 25% auto and auto parts tariff was confirmed earlier.
Trump said the tariffs would return strategically vital manufacturing capabilities to the United States.
The latest round of U.S. trade tariffs unveiled on Wednesday will sap yet more vigour from a world economy barely recovered from the post-pandemic inflation surge, weighed down by record debt and unnerved by geopolitical strife.
Depending on how President Donald Trump and leaders of other nations proceed now, it may also go down as a turning point for a globalised system which until now had taken for granted the strength and reliability of America, its largest component.
But in coming months it will be the plain and simple price-hiking - and therefore demand-dampening - effects of new levies applied to thousands of goods bought and sold by consumers and businesses across the planet that will prevail.
(Production: Eva Weininger) - Copyright Holder: REUTERS
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