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How were Donald Trump's tariffs calculated?

  • President Donald Trump announced a 10% tariff on nearly all countries, effective April 5, 2025, due to an 'economic emergency' declared by his administration.
  • Certain countries, including China, will face even higher tariffs due to being labeled 'worst offenders' in trade practices by Trump.
  • Countries already facing U.S. Sanctions, such as Russia and Iran, will not be affected by the new 10% tariff.
  • Economists warn that these tariffs may lead to increased prices for imports, potentially harming the economy due to inflationary pressures.
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Bias Distribution

  • 41% of the sources lean Left
41% Center
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Financial Express broke the news in Uttar Pradesh, India on Thursday, April 3, 2025.
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