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April 2, 2025
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Trump Unleashes 10% Baseline Tariff on All U.S. Trading Partners Starting April 5 — Hits ‘Worst Offenders’ with Even Tougher Measures April 9 — Here is the List of Countries and Their Corresponding Tariffs


President Donald Trump announced today the implementation of a 10% baseline tariff on all imports, effective April 5, 2025. This decisive action aims to correct decades of unfair trade practices that have disadvantaged American workers and industries.

Speaking from the White House Rose Garden, President Trump proclaimed April 2 as “Liberation Day,” marking a new era of economic independence. He emphasized that this measure is essential to protect American jobs and revitalize domestic manufacturing.

“For too long, other nations have taken advantage of our open markets while imposing barriers to our products. Those days are over,” the President asserted.

Trump added via Fox News:

“American steel workers, auto workers, farmers and skilled craftsmen,” Trump said from the White House Rose Garden Wednesday afternoon. “We have a lot of them here with us today. They really suffered, gravely. They watched in anguish as foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories, and foreign scavengers have torn apart our once beautiful American dream. We had an American dream that you don’t hear so much about. You did four years ago, and you are now. But you don’t too often.”

“Now it’s our turn to prosper, and in so doing, use trillions and trillions of dollars to reduce our taxes and pay down our national debt,” he said. “And it will all happen very quickly. With today’s action, we are finally going to be able to make America great again, greater than ever before or. Jobs and factories will come roaring back into our country and you see it happening already. We will supercharge our domestic industrial base.”

For nations that treat us badly, we will calculate the combined rate of all their tariffs, nonmonetary barriers and other forms of cheating. And because we are being very kind, we will charge them approximately half of what they are and have been charging us. So the tariffs will be not a full reciprocal. I could have done that. Yes. But it would have been tough for a lot of countries,” he said.

“For decades, the United States slashed trade barriers on other countries, while those nations placed massive tariffs on our products and created outrageous non-monetary barriers to decimate our industries,” Trump said. “And in many cases, the non-monetary barriers were worse than the monetary ones. They manipulated their currencies, subsidized their exports, stole our intellectual property, imposed exorbitant taxes to disadvantage our products, adopted unfair rules and technical standards, and created filthy pollution havens.”

“From 1789 to 1913, we were a tariff-backed nation. And the United States was proportionately the wealthiest it has ever been,” he said. “So wealthy, in fact, that in the 1880s they established a commission to decide what they were going to do with the vast sums of money they were collecting. We were collecting so much money so fast, we didn’t know what to do with it. Isn’t that a nice problem to have?”

“And my answer is very simple. If they complain, if you want your tariff rate to be zero, then you build your product right here in America. Because there is no tariff. If you build your plant, your product in America. And we’ve seen companies coming in like we’ve never seen before,” he said.

The White House released a detailed chart showing how badly many countries have been ripping off American workers, charging high tariffs on U.S. goods while benefiting from America’s generosity in return.

Country Tariffs Charged to the U.S.A. U.S.A. Discounted Reciprocal Tariffs
Argentina 10% 10%
Australia 10% 10%
Bangladesh 74% 37%
Botswana 74% 37%
Brazil 10% 10%
Cambodia 97% 49%
Chile 10% 10%
China 67% 34%
Colombia 10% 10%
Costa Rica 17% 10%
Côte d’Ivoire 41% 21%
Dominican Republic 10% 10%
Ecuador 12% 10%
Egypt 10% 10%
El Salvador 10% 10%
European Union 39% 20%
Guatemala 10% 10%
Honduras 10% 10%
India 52% 26%
Indonesia 64% 32%
Israel 33% 17%
Japan 46% 24%
Jordan 40% 20%
Kazakhstan 54% 27%
Laos 95% 48%
Madagascar 93% 47%
Malaysia 47% 24%
Morocco 10% 10%
Myanmar (Burma) 88% 44%
New Zealand 20% 10%
Nicaragua 36% 18%
Norway 30% 15%
Pakistan 58% 29%
Peru 10% 10%
Philippines 34% 17%
Saudi Arabia 10% 10%
Serbia 74% 37%
Singapore 10% 10%
South Africa 60% 30%
South Korea 50% 25%
Sri Lanka 88% 44%
Switzerland 61% 31%
Taiwan 64% 32%
Thailand 72% 36%
Trinidad and Tobago 12% 10%
Tunisia 55% 28%
Turkey 10% 10%
United Arab Emirates 10% 10%
United Kingdom 10% 10%
Vietnam 90% 46%
WATCH:

The post Trump Unleashes 10% Baseline Tariff on All U.S. Trading Partners Starting April 5 — Hits ‘Worst Offenders’ with Even Tougher Measures April 9 — Here is the List of Countries and Their Corresponding Tariffs appeared first on The Gateway Pundit.

Source: The Gateway Pundit
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