On April 5, the U.S. government, under President Donald Trump, implemented new import tariffs designed to boost American prosperity and reduce trade imbalances. These tariffs, introduced by executive order, apply to nearly all goods coming into the U.S. from foreign markets. The 10% base tariff affects trade worldwide, and while it has been in effect since the beginning of the week, certain countries and goods remain exempt.
Overview of New Tariffs on Global Imports
The newly imposed 10% tariff applies to a broad range of products from many countries. American importers are now required to pay these tariffs, which may result in higher prices for consumers in the U.S. As of April 5, nations that are subject to this base rate include:
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United Kingdom
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Singapore
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Brazil
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Australia
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New Zealand
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Turkey
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Colombia
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Argentina
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El Salvador
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United Arab Emirates
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Saudi Arabia
While these countries are subject to the 10% tariff, some products from these regions may still be exempt based on specific exclusions, which will be detailed later.
Additional Tariffs on Nations Considered “Worst Offenders”
The Trump administration also introduced higher tariffs on approximately 60 countries considered by the U.S. to be unfair trading partners. These nations are accused of imposing high tariffs on American exports or creating barriers that limit U.S. goods in their markets. The higher tariffs began on April 9 and are in addition to the base 10% tariff.
These countries now face the following increased tariffs:
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European Union: 20%
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Vietnam: 46%
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Thailand: 36%
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Japan: 24%
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Cambodia: 49%
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South Africa: 30%
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Taiwan: 32%
Continued U.S.–China Trade Escalation
The trade war with China has escalated once again, with the U.S. implementing some of the highest tariffs yet. On top of the previous 20% tariff introduced in March, China now faces an additional 34% tariff on its goods entering the U.S. This brings the total tariff on Chinese imports to 54%. In retaliation, China imposed its own 34% tariff on U.S. goods.
In response, President Trump announced a 50% tariff on Chinese imports, pushing the total tariff on U.S. goods from China to a staggering 104%. Additionally, starting on May 1, low-value products under $800 from China and Hong Kong will no longer enter the U.S. without duties. This change marks the end of the “de minimis” rule, which previously allowed these low-cost goods to enter the U.S. duty-free.
Exemptions for Canada and Mexico
While Canada and Mexico were previously subject to trade tariffs, they are excluded from the new round of import duties. These two countries remain under the earlier trade policies enacted by the Trump administration, which focus on border security and drug-related concerns. The U.S. will continue managing trade relations with these neighbors through earlier executive orders, which have seen some delays and exemptions. Additionally, Canada and Mexico are not affected by the 10% base rate, ensuring that goods from these nations continue to enter the U.S. without additional costs.
Industry-Specific Exclusions to Tariffs
Although the new tariffs affect most imported goods, certain industries and products are exempt. Key exclusions include sectors such as copper, medicines, semiconductors, lumber, energy, and precious metals. Additionally, goods that fall under U.S. laws protecting “informational materials,” donations, or communication-related items will also remain tariff-free.
Steel, aluminum, cars, and auto parts are exempt from the 10% base tariff, as they are covered by separate tariffs that were imposed earlier at a rate of 25%.
The introduction of these broad import duties is part of President Trump’s strategy to protect U.S. jobs and industries while addressing trade imbalances. While many countries face higher tariffs, certain goods and regions remain exempt, and the trade relationship with Canada and Mexico remains largely unaffected. As these tariffs continue to shape global trade, the impact on American consumers, businesses, and international relations remains to be seen.