Earlier this month, US President Donald Trump announced extensive new tariffs on imports from countries around the world.
The additional tariffs—which Trump claimed are reciprocal and aimed at countering unfair trade practices—stunned governments and business leaders worldwide, and resulted in significant volatility in global financial markets.
Under the new policy, a baseline add-on tariff of 10% was applied to imports from all countries. Trump also announced that starting 9 April around 80 countries will be subject to even higher tariff rates, which were determined by a specific calculation.
However, on 9 April, amidst a global sell-off in equities and US Treasuries, Trump announced a 90-day pause on most of the additional tariffs above 10%. Stock markets surged following the reversal. Trump, however, added in his announcement that tariffs on China will be raised to 125% effective immediately.
To see what tariff rate could be applied to your country, scroll over the interactive map below.
A Flourish chart
To learn more about tariffs and their impact on the global economy, see below more articles, videos and podcasts from Forum Stories.
How impacted is your country by the Trump tariffs? | World Economic Forum
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