On Wednesday, President Donald Trump introduced a sweeping policy of global reciprocal tariffs during a White House event. He established a baseline 10% tariff on all imported goods, with certain nations facing even higher rates.
In his statement, Trump conveyed a sentiment that allies can sometimes be more challenging than adversaries in terms of trade policies.
“In many cases, the friend is worse than the foe in terms of trade,” said the president.
At the official announcement held in the Rose Garden, he showcased a board displaying the new tariffs imposed on various nations. These tariffs varied significantly, ranging from 10% to as high as 50%.
Thailand was notably highlighted as facing a 36% import tariff from the U.S., after it was perceived to be imposing a 72% rate on American products. With this measure from top to bottom, Thailand stood 14th in rank among those countries affected by these elevated tariffs. However, considering the midpoint between 10-50%, Thailand is just slightly above the middle of the pack.
China, who already has 20% in place before the reciprocal tariffs hit, is slapped with 34%. Meanwhile, the European Union took 20% levies.
| Country | U.S. Reciprocal Tariffs (%) |
|---|---|
| Lesotho | 50% |
| Cambodia | 49% |
| Laos | 48% |
| Madagascar | 47% |
| Vietnam | 46% |
| Myanmar (Burma) | 44% |
| Sri Lanka | 44% |
| Mauritius | 40% |
| Guyana | 38% |
| Liechtenstein | 37% |
| Bangladesh | 37% |
| Serbia | 37% |
| Botswana | 37% |
| Thailand | 36% |
| Bosnia and Herzegovina | 35% |
| China | 34% |
| North Macedonia | 33% |
| Taiwan | 32% |
| Indonesia | 32% |
| Fiji | 32% |
| Switzerland | 31% |
| South Africa | 30% |
| Algeria | 30% |
| Pakistan | 29% |
| Tunisia | 28% |
| Kazakhstan | 27% |
| India | 26% |
| South Korea | 25% |
| Brunei | 24% |
| Japan | 24% |
| Malaysia | 24% |
| Namibia | 21% |
| Côte d’Ivoire | 21% |
| European Union | 20% |
| Jordan | 20% |
| Nicaragua | 18% |
| Israel | 17% |
| Philippines | 17% |
| Venezuela | 15% |
| Norway | 15% |
| Nigeria | 14% |
| Oman | 10% |
| Uruguay | 10% |
| Bahamas | 10% |
| Ukraine | 10% |
| Bahrain | 10% |
| Qatar | 10% |
| Iceland | 10% |
| Kenya | 10% |
| Haiti | 10% |
| Bolivia | 10% |
| Panama | 10% |
| Ethiopia | 10% |
| Ghana | 10% |
| United Kingdom | 10% |
| Brazil | 10% |
| Singapore | 10% |
| Chile | 10% |
| Australia | 10% |
| Turkey | 10% |
| Colombia | 10% |
| Peru | 10% |
| Costa Rica | 10% |
| Dominican Republic | 10% |
| United Arab Emirates | 10% |
| New Zealand | 10% |
| Argentina | 10% |
| Ecuador | 10% |
| Guatemala | 10% |
| Honduras | 10% |
| Egypt | 10% |
| Saudi Arabia | 10% |
| El Salvador | 10% |
| Morocco | 10% |
