Cheddar
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Trump announces new reciprocal tariffs with 10% baseline
Posted
April 2, 2025
Views
11,625
Likes
101
Comments
16
Engagement
1.01%
April 2, 2025
11,625
101
16
1.01%
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0:28Now PlayingPresident Trump unveiled his long-awaited "Liberation Day" reciprocal tariffs at the White House on Wednesday.
The new plan imposes a 10% baseline tariff on imports from all countries, with higher rates for “worst offenders.” Cambodia faces the highest at 49%.
The tariffs will take effect on April 5, with customized rates starting April 9, allowing room for negotiations.
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