Grahak Chetna

"Your Voice, Your Power!"

The countries hit hardest by new US tariffs – Trump’s plan at a glance

Spread the love

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.
Here are the basic elements of the plan.
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.

Courtesy: BBC

Leave a Reply

Your email address will not be published. Required fields are marked *