Watch: Trump shows chart unveiling global reciprocal tariffs
U.S. President Donald Trump showed a chart unveiling global reciprocal tariffs during an event at the White House on Wednesday (April 2). The new rates charged on most countries showed rates ranging from 10% to 49% on the first board and up to 50% on later boards.Â
With a few exceptions, the tariff rate being imposed by the U.S. on most countries was around half of what those countries charged. The board displayed a 20% tariff on all goods that come into the US from the EU, Pharmaceuticals will not be included in this for now.