President Donald Trump will announce a barrage of self-described “reciprocal” tariffs on friends and foes alike after weeks of hype and anxiety.

Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

  • @AA5B@lemmy.worldEnglish
    4•15 days ago

    If we actually want manufacturing in the U.S., give companies incentives to do business here

    Like the CHIPS act? The EV and related items? Infrastructure? High speed rail (most of which has a made in us requirement)? What happened to those again?

    • @NocturnalMorning@lemmy.worldEnglish
      5•15 days ago

      The current administration is trying to pull the funding back even tho its been appropriated by congress. Funny how congress isn’t doing anything about it.