US President Donald Trump announced a series of new tariffs targeting 180 countries and regions around the world, as part of what he described as measures to protect the US economy and hold accountable countries that treat the United States unfairly.
Trump said, “We’re going to take the total rate of all tariffs for each country, and we’re going to charge them 50% of what they charge us. I call that kind of tariff reciprocal,” meaning at least 10%.
He added that the top three countries on the list include China, which currently imposes a 67% tariff on the United States. China’s tariff will be 34%. The European Union, which currently imposes a 39% tariff on the United States, will be charged 20%, while Vietnam, which currently imposes a 90% tariff on the United States, will be charged 46%.
Trump explained that the reciprocal tariffs will begin tomorrow, noting that these tariffs will not be fully reciprocal, but rather aim to achieve trade balance.
He specifically criticized India, saying, “India is not treating us fairly,” and emphasized that he would hold accountable countries that pursue unfair trade policies toward the United States.
Trump also revealed that the U.S. trade deficit reached $1.2 trillion last year, describing it as “an unprecedented record.” He called on world leaders to lift their tariffs to achieve fair and balanced trade.
These escalating steps are part of Trump’s efforts to reduce the trade deficit and boost U.S. exports, amid expectations of escalating trade tensions between the United States and the countries affected by these tariffs.
