Donald Trump Unveils Reciprocal Tariffs On Countries. See Full List

President Donald Trump on Wednesday unveiled international reciprocal tariffs throughout an occasion on the White Home.

The next are highlights of Trump’s remarks:

1. “In lots of instances, the pal is worse than the foe when it comes to commerce,” Trump mentioned.
2. “We subsidize a variety of international locations and preserve them going and preserve them in enterprise,” Trump mentioned about commerce companions, particularly Mexico and Canada. “Why are we doing this? I imply, at what level do we are saying you set to work for yourselves.”
3. “We’re lastly placing American first,” Trump mentioned.
4. “Trade deficits are no longer merely an financial drawback. They’re a nationwide emergency,” Trump mentioned.
5. Trump held up a board exhibiting the brand new charges charged on most international locations. Charges ranged from 10% to 49% on the board.
6. With just a few exceptions, primarily based on the charts Trump learn out, the tariff fee being imposed by the U.S. on most international locations was round half of what these international locations charged. There have been some exceptions during which the U.S. charged the precise charges that these international locations charged, in keeping with the chart.
7. “This isn’t full reciprocal, it’s form reciprocal,” Trump mentioned.

* Following is the record of latest tariff charges Trump displayed.

Algeria 30%

Oman 10%

Uruguay 10%

Bahamas 10%

Lesotho 50%

Ukraine 10%

Bahrain 10%

Qatar 10%

Mauritius 40%

Fiji 32%

Iceland 10%

Kenya 10%

Liechtenstein 37%

Guyana 38%

Haiti 10%

Bosnia and Herzegovina 35%

Nigeria 14%

Namibia 21%

Brunei 24%

Bolivia 10%

Panama 10%

Venezuela 15%

North Macedonia 33%

Ethiopia 10%

Chana 10%

(Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)