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%
Wait so if the admin is in favor of reciprocal tariffs does that mean they are asking other countries to raise tariffs against the US?
I’m gonna check this newly needed wiki page: https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration#Reciprocal_tariffs