Donald Trump’s ‘reciprocal tariff’ chart

More than 100 countries are facing new tariff measures announced Tuesday by U.S. President Donald Trump. What is now being called a trade war came with an announcement of a universal 10% tariff on dozens of nations, with major punishments to its main trading partners. They are the highest import taxes seen in a century.

Trump named this April 2 as “Liberation Day,” as he claims his measures will represent a new era for Americans after being “ripped off” by the world. After doing a calculation, which he has not shared or even explained, the president has imposed “reciprocal tariffs” which amount to around half of what he says other countries are charging the United States, based on supposed currency manipulation and other measures such as VAT which he considers amount to trade barriers.

However, there were two countries absent from the long list. Neither Mexico nor Canada were mentioned during the announcement, which is surprising given that both nations have been targets of Trump’s threats since the beginning of his term. In March, the president had announced the implementation of tariffs, but later said there would be a delay until this April 2.

The border neighbors of the United States are still subject to the National Emergency linked to drug trafficking and migration, so this regime does not apply to them, while 25% is maintained on imports that do not comply with the Treaty between Mexico, the United States and Canada.

Below is the chart that was presented by Trump:

*These are Trump’s Administration numbers, which are based on a combination of factors, including supposed currency manipulation and other trade barriers.