On April 02, 2025 (GSN) - U.S. President Donald Trump signed an executive order imposing additional import tariffs ranging from 10% to 49% on most goods, including various agricultural products, for nearly all of the country’s trading partners.
The list published by the White House includes 183 countries and the European Union, which will be subject to the new tariffs. A baseline tariff of 10% has been introduced for most of them, including Ukraine. At the same time, around 60 countries will face higher tariffs, with the highest rates imposed on Cambodia (49%), Vietnam (46%), and Sri Lanka (44%).
Additionally, increased tariffs have been set for China (34%), Indonesia (32%), Switzerland and Moldova (31% each), South Africa (30%), Pakistan (29%), Kazakhstan (27%), India (26%), South Korea (25%), Japan (24%), Malaysia (24%), European Union (20%), Israel and the Philippines (17% each).
The 10% baseline tariff will be added to the tariffs already imposed on specific countries. This means, for example, that tariffs on Chinese goods will amount to 44% (34+10), while tariffs on goods from the EU will reach 30% (20+10).
The new tariff measures do not apply to Canada and Mexico, as both countries are engaged in a separate tariff dispute with the U.S. Moreover, reciprocal tariffs will not be imposed on Belarus, Cuba, Russia, and North Korea, as a source within Donald Trump’s administration stated that these nations “are already facing exceptionally high tariffs, and our previously imposed sanctions prevent any significant trade with them.”
As for goods, certain products will be exempt from the new tariffs, including some steel and aluminum products, semiconductors, lumber, ingots, copper, pharmaceuticals, energy resources, and other specific minerals that are not available in the U.S.
The new reciprocal tariffs will take effect on April 9, while the minimum baseline tariff will be applied to all countries starting April 5.
