Shafaq News/ On Wednesday, President Donald Trump announced a broad setof tariffs on US trading partners, saying the move is a “declaration ofeconomic independence” aimed at restoring American manufacturing and correctingtrade imbalances.
Speaking from the White House Rose Garden, the president displayed chartsoutlining the tariffs the US will impose on each country, calculated at roughlyhalf the rates those nations charge the US.
“We will charge them approximately half of what they have been chargingus, so the tariffs will not be fully reciprocal,” Trump said. “I could havedone that, I guess, but it would have been tough for a lot of countries, and wedidn’t want to do that.”
Trump unveiled a 25% tariff on all foreign-made automobiles, effectiveat midnight ET, saying the measure was necessary to address “horrendousimbalances” that have harmed the country’s industrial base and nationalsecurity. He also announced a baseline 10% tariff on nearly all imports, witheven higher rates for countries with significant trade deficits with the US.
A senior White House official said that tariffs on about 60 countrieslabeled “worst offenders” would match half the rate those nations impose on USgoods, taking effect on April 9. Goods from countries outside the USMCA tradeagreement will continue to face a 25% duty. Importers will begin paying the newbaseline tariff early Saturday.
Trump framed the tariffs as a move to strengthen domestic industry andlower consumer prices through increased competition. He argued that previousadministrations had failed to protect American interests, blaming formerleaders for policies that, he said, allowed other nations to take advantage ofthe US.
“We’re standing up for the American worker, and we are finally puttingAmerica first,” Trump said. “For too long, we’ve taken care of countries allover the world, and when we push back, they get upset. Now, we’re going to takecare of our people first.”
The Senate is expected to begin voting around 6:45 p.m. ET on aDemocrat-led measure rebuking President Donald Trump’s tariff policy.
While the administration says the policy will bolster manufacturing andreduce the national debt, critics warn it could escalate trade tensions anddrive up costs for American consumers, due to possible retaliatory measures.
FULL LIST: Liberation Day pic.twitter.com/ZBiRuJBCAr
— Rapid Response 47 (@RapidResponse47) April 2, 2025Europeans Back Retaliatory Tariffs
A YouGov poll across seven European countries—Denmark, France, Germany, Italy,Spain, Sweden, and the UK—found strong backing for countermeasures against USgoods. Support varied, with 79% in Denmark and 56% in Italy in favor. InGermany and France, 68% backed retaliation, citing concerns over potential hitsto the automotive and wine industries.
Despite fears of economic fallout, many Europeans backed a tit-for-tatresponse. The poll showed 75% of Germans expect Trump’s tariffs to have a majorimpact on their economy, a view shared by 71% of Spaniards, 70% of French andItalian respondents, and 60% of Britons.
Concerns were high across the EU, with 60% of Danes and 76% of Spaniardsbelieving the tariffs would significantly hurt the European economy. InGermany, 74% held the same view, along with 68% of French respondents.
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