President Donald Trump has announced sweeping new tariffs on imports, setting a baseline rate of 10% on goods from all countries while imposing higher reciprocal tariffs on select nations. The move, aimed at addressing what the administration sees as unfair trade practices, is expected to have significant global economic implications.

During an event at the White House on Wednesday, Trump framed the tariffs as a necessary response to decades of economic policies that he argues have disadvantaged American industries. The baseline 10% tariff will take effect on April 5, with additional tariffs on certain trading partners set to follow on April 9.

Higher tariffs for select countries in Annex 1

While all imports will be subject to the baseline tariff, approximately 60 countries will face steeper duties. According to the administration, these nations either impose higher tariffs on U.S. exports or maintain trade barriers deemed harmful to American businesses. A full list of these countries with specific tariffs is available in annex 1 of the declaration

https://www.whitehouse.gov/wp-content/uploads/2025/04/Annex-I.pdf