Trade Brief: Trump Imposes Global Tariffs with “Reciprocal” Tariffs for 57 Countries
Trump cites trade deficits as an “unusual and extraordinary threat.”
On April 2, 2025, President Donald Trump issued an executive order imposing a 10% global tariff on all imports into the United States, effective April 5, 2025, along with higher country-specific “reciprocal tariffs,” effective April 9, 2025. The reciprocal tariffs target the 57 countries listed in Annex I of the order and are in addition to existing tar…
