Trump Reciprocal Tariffs Chart: See Which Countries Have the Highest Rates
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.
President Trump unveiled sweeping tariffs that included so-called reciprocal actions on dozens of other countries at very high levels.
A measure to cancel some Canadian tariffs is all but certain to stall in the House. But with a handful of Republicans in favor, the vote sent a signal of opposition to the levies.
The president said the charges, at least 10 percent on nearly all trading partners, would restore fairness, but experts warned they could destabilize the world’s economy.
Thefts have cast a shadow over an industry already under scrutiny
President Trump announced sweeping levies on countries across the world. Washington’s partners have been bracing for the fallout.
President Trump says that countries have been ripping off the United States for decades. There is some truth to that argument — but also a lot of hypocrisy.
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.
Andrey_Popov/ShutterstockFor Paul, a finance administrator, things came to a head when his report mistakenly included £7,000,000 of costs rather than £700,000. Fearing accusations of fraud, Paul disclosed his recent dementia diagnosis to his boss.
Six weeks of sick leave became six months, and then a stepping stone to early retirement. Several years later, Paul regrets his unwanted unemployment, but at the time there didn’t seem to be an alternative.
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.
Eric Yuan was not happy at Cisco Systems even though he was making a salary in the high six figures, working as vice president of engineering on the videoconferencing software Cisco WebEx.
“I even did not want to go to the office to work,” Yuan told CNBC Make It in 2019.