banner

News Details

Home > News >

Company news about Trump's tariffs on China, EU and rest of the world

Events
Contact Us
Mr. Gary Lee
86-0532-8787-6524
wechat +8613361265352
Contact Now

Trump's tariffs on China, EU and rest of the world

2025-04-02

On 2 April US President Donald Trump announced a sweeping set of tariffs, arguing that they would allow the United States to economically flourish.

 

These new import taxes, which Trump imposed via executive order, have sent shockwaves through global markets as they kicked in this week.

 

But the US president believes they are necessary to address trading imbalances and to protect American jobs and manufacturing.

 

10% baseline tariff

 

A baseline tariff of 10% on almost all foreign imports to the US kicked in on 5 April.

 

United Kingdom Singapore Brazil Australia
New Zealand Turkey Colombia Argentina
El Salvador UAE Saudi Arabia  

 

Custom tariffs for 'worst offenders

 

European Union 20% Cambodia 49%
Vietnam 46% South Africa 30%
Japan 24% Taiwan 32%
Thailand 36%    

 

Tit-for-tat tariffs with China

 

China is facing the heaviest tariffs, after a 104% levy on Chinese goods imported into the US came into effect on 9 April.

 

China, in turn, has said it will hike its tariff on US goods from 34% to 84%, starting on 10 April.

 

Separately, Trump has ordered that low-value goods entering the US from Hong Kong and mainland China will be subject to import duties from 1 May onwards.

banner
News Details
Home > News >

Company news about-Trump's tariffs on China, EU and rest of the world

Trump's tariffs on China, EU and rest of the world

2025-04-02

On 2 April US President Donald Trump announced a sweeping set of tariffs, arguing that they would allow the United States to economically flourish.

 

These new import taxes, which Trump imposed via executive order, have sent shockwaves through global markets as they kicked in this week.

 

But the US president believes they are necessary to address trading imbalances and to protect American jobs and manufacturing.

 

10% baseline tariff

 

A baseline tariff of 10% on almost all foreign imports to the US kicked in on 5 April.

 

United Kingdom Singapore Brazil Australia
New Zealand Turkey Colombia Argentina
El Salvador UAE Saudi Arabia  

 

Custom tariffs for 'worst offenders

 

European Union 20% Cambodia 49%
Vietnam 46% South Africa 30%
Japan 24% Taiwan 32%
Thailand 36%    

 

Tit-for-tat tariffs with China

 

China is facing the heaviest tariffs, after a 104% levy on Chinese goods imported into the US came into effect on 9 April.

 

China, in turn, has said it will hike its tariff on US goods from 34% to 84%, starting on 10 April.

 

Separately, Trump has ordered that low-value goods entering the US from Hong Kong and mainland China will be subject to import duties from 1 May onwards.