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President Trump imposes 10% tariff on all countries from April 5
President Trump’s 10 per cent tariff on all countries from April 5, 2025 signals a protectionist shift aimed at reducing the over $1.2 trillion trade deficit. Targeted higher tariffs on major deficit nations start April 9. Exemptions apply to key goods. The move underscores efforts to counter VAT disparities and safeguard American economic interests.
President Trump’s 10 per cent tariff on all countries from April 5, 2025 signals a protectionist shift aimed at reducing the over $1.2 trillion trade deficit.
Targeted higher tariffs on major deficit nations start April 9.
Exemptions apply to key goods.
The move underscores efforts to counter VAT disparities and safeguard American economic interests.
