Trump Imposes Across-the-Board 10 Percent Tariff as Well as Reciprocal Tariffs for Specific Nations

‘For nations that treat us badly … we will charge them approximately half of what they are and have been charging us,’ he said.

AP/Evan Vucci
President Trump holds a signed executive order during an event to announce new tariffs at the Rose Garden of the White House, April 2, 2025. AP/Evan Vucci

President Trump will impose a 10 percent tariff on all imported goods as well as higher import taxes for goods sent from any country that the White House deems to have trade practices that are unfair. The announcement on Wednesday was billed as Mr. Trump’s “liberation day” for American manufacturers, even as experts warn of stock market contractions, higher costs, and lower consumer confidence. 

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