Trump, Tariff
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Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."
Japan has dodged a higher tariff on imports to the U.S. under a deal announced by President Donald Trump that follows a similar deal with the Philippines
The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.
April 9: Trump's higher "reciprocal tariffs" begin just after midnight. Hours later, the president says he is issuing a 90-day pause on those duties, except for China. Trump raises tariffs on Chinese goods from 104% to 145%, the highest rate so far this year.
EU chief Ursula von der Leyen said the bloc was ready to take all "necessary" steps to safeguard its economic interests, after US President Donald Trump announced that he would impose 30% tariffs on all EU goods.
President Trump set a new rhetorical floor for tariffs on Wednesday night, suggesting his administration is aiming to make 15% a new minimum rate for tariffs worldwide.
Goods imported from both the European Union and Mexico will face a 30% U.S. tariff rate starting on August 1, U.S. President Donald Trump said in letters posted to his social media platform on Saturday.
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Trump Issues New Tariff Rates, Still Open to Negotiations
Most of the tariff rates, shared on his Truth Social platform ... The dollar extended gains after Trump’s announcement, hitting the highest level in more than a week against a basket of peers. The currencies of South Korea, South Africa and Japan ...
Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the US leader sharply escalated a dispute with Latin America’s largest nation and leftist leader Luiz Inacio Lula da Silva.
US President Donald Trump has announced he will impose a 25% tariff rate on Japan starting August 1 if no trade deal is reached beforehand. How is Japan reacting and how will it respond before the deadline?
Acknowledging the complexity of negotiating with over 170 nations, Trump told reporters before departing for Iowa on Thursday that the letters will be sent to 10 countries at a time, laying out tariff rates such as 20% to 30%. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.
President Trump suggested Friday that some Americans may receive “rebates” from the federal government after the US Treasury took in $64 billion in tariff revenue in the first three months since his “Liberation Day” announcement April 2.