BREAKING: U.S. Government to Impose Baseline 10% Tariff on All Countries and Reciprocal Tariffs
Donald Trump today announced reciprocal tariffs the U.S. will be imposing on countries across the globe, during a broadcast from the White House Rose Garden.
The announcement follows a 25% tariff on all foreign made automobiles, that will take effect tonight at midnight.
Trump shared that the U.S. will impose a baseline 10% tariff on all countries, in addition to reciprocal tariffs imposed on countries that tariff the U.S.
This includes a 34% tariff on imports from China; 20% tariff on European Union imports; 46% tariff on Vietnam imports; 24% tariff on imports from Japan; and a 26% tariff on imports from India.
About the Author
Kacey Frederick
Associate Editor
Kacey Frederick joined as the assistant editor of Ratchet+Wrench in 2023 after graduating from the University of Arkansas at Fort Smith with a bachelor’s in English and a minor in philosophy.
The grandchild of a former motorcycle repair shop owner, he’s undergone many trials and tribulations with vehicles. Now the proud owner of a reliable 2011 Toyota Camry, he works to represent those in the repair industry that keep him and so many others safely rolling on.