Trump Tariff Chart: Full List of Countries Hit With ‘Reciprocal’ Tariffs

President Donald Trump on Wednesday imposed sweeping new tariffs on all imported goods and unveiled a detailed list of reciprocal duties targeting more than 60 countries, asserting that the move is necessary to combat trade imbalances and restore U.S. manufacturing.

“This is Liberation Day,” Trump said during a Rose Garden ceremony, holding up a printed chart of countries and their new tariff rates. “For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.”

Why It Matters
The tariffs, which he described as “reciprocal,” fulfill a key campaign pledge and are aimed at pressuring trade partners to lower their own barriers. The administration expects the new rates to remain in place until the U.S. narrows a $1.2 trillion trade imbalance recorded last year.

But the extensive list of tariffs also threatens to upend the U.S. economy, as many — but not all — economists say they amount to taxes on American companies that will be passed down to consumers.

What To Know
The president said there will be a “baseline” tariff of 10 percent on all imports.

Some nations will face “discounted reciprocal tariffs” which are at half the rate those countries currently charge the U.S.

According to a chart Trump held up, the U.S. will impose a 34 percent tariff on Chinese imports; 20 percent on goods from the European Union; 25 percent on South Korean products; 24 percent on Japanese imports; and 32 percent on goods from Taiwan.

The 34 percent reciprocal tariff that China will face is in addition to a 20 percent tariff on the country which is already in effect, the White House said.

The move also includes specific tariffs on countries with low formal tariff rates but significant trade surpluses with the U.S., including the UK, Australia and Brazil.

The U.S. had an overall trade deficit of $918.4 billion in 2024, with the largest gaps coming from China ($295.4 billion), the European Union ($235.6 billion), Mexico ($171.8 billion) and Vietnam ($123.5 billion), according to the U.S. Bureau of Economic Analysis​.

While announcing the measures, Trump invoked national security powers under a continuing state of emergency to justify the action, circumventing Congressional approval.

While specifics about enforcement and duration of the new tariffs remain unclear, a document distributed to reporters included a list of 65 countries with calculated reciprocal rates.

Cambodia topped the chart at a 49% tariff, followed by Madagascar (47%), Sri Lanka (44%), and Vietnam (46%).

Major U.S. partners like Japan, South Korea and India were also included, despite active trade negotiations in recent years.

How Trump’s Tariff Rates Were Set
President Trump said the new tariffs on U.S. trading partners were “reciprocal,” meant to reflect the trade barriers those countries place on American goods. He didn’t explain how the rates were calculated, but a clearer method appeared later on Wednesday.

According to analysts and later White House clarification, each country’s tariff rate was based on the U.S. trade deficit with that country, divided by the value of that country’s exports to the U.S. Trump then cut that number in half, saying he was being “kind.”

While Trump originally claimed the tariffs would reflect not just trade deficits but also non-monetary barriers and “cheating,” experts believe the administration used a quick, simple formula to push the policy through.

White House officials said the calculations came from the Council of Economic Advisers.

Full List of Countries Hit With Reciprocal Tariffs

Country	Tariffs Charged to the U.S.A. (%)	U.S.A. Discounted Reciprocal Tariffs (%)
China	67	34
European Union	39	20
Vietnam	90	46
Taiwan	64	32
Japan	46	24
India	52	26
South Korea	50	25
Thailand	72	36
Switzerland	61	31
Indonesia	64	32
Malaysia	47	24
Cambodia	97	49
United Kingdom	10	10
South Africa	60	30
Brazil	10	10
Bangladesh	74	37
Singapore	10	10
Israel	33	17
Philippines	34	17
Chile	10	10
Australia	10	10
Pakistan	58	29
Turkey	10	10
Sri Lanka	88	44
Colombia	10	10
Peru	10	10
Nicaragua	36	18
Norway	30	15
Costa Rica	17	10
Jordan	40	20
Dominican Republic	10	10
United Arab Emirates	10	10
New Zealand	20	10
Argentina	10	10
Ecuador	12	10
Guatemala	10	10
Honduras	10	10
Madagascar	93	47
Myanmar (Burma)	88	44
Tunisia	55	28
Kazakhstan	54	27
Serbia	74	37
Egypt	10	10
Saudi Arabia	10	10
El Salvador	10	10
Côte d’Ivoire	41	21
Laos	95	48
Botswana	74	37
Trinidad and Tobago	12	10
Morocco	10	10
Papua New Guinea	15	10
Malawi	34	17
Liberia	10	10
British Virgin Islands	10	10
Afghanistan	49	10
Zimbabwe	35	18
Benin	10	10
Barbados	10	10
Monaco	10	10
Syria	81	41
Uzbekistan	10	10
Republic of the Congo	10	10
Djibouti	10	10
French Polynesia	10	10
Cayman Islands	10	10
Kosovo	10	10
Curaçao	10	10
Vanuatu	44	22
Rwanda	10	10
Sierra Leone	10	10
Mongolia	10	10
San Marino	10	10
Antigua and Barbuda	10	10
Bermuda	10	10
Eswatini	10	10
Marshall Islands	10	10
Saint Pierre and Miquelon	99	50
Saint Kitts and Nevis	10	10
Turkmenistan	10	10
Grenada	10	10
Sudan	10	10
Turks and Caicos Islands	10	10
Aruba	10	10
Montenegro	10	10
Saint Helena	15	10
Kyrgyzstan	10	10
Yemen	10	10
Saint Vincent and the Grenadines	10	10
Niger	10	10
Saint Lucia	10	10
Nauru	59	30
Equatorial Guinea	25	13
Iran	10	10
Libya	61	31
Samoa	10	10
Guinea	10	10
Timor-Leste	10	10
Montserrat	10	10
Chad	26	13
Mali	10	10
Algeria	59	30
Oman	10	10
Uruguay	10	10
Bahamas	10	10
Lesotho	99	50
Ukraine	10	10
Bahrain	10	10
Qatar	10	10
Mauritius	80	40
Fiji	63	32
Iceland	10	10
Kenya	10	10
Liechtenstein	73	37
Guyana	76	38
Haiti	10	10
Bosnia and Herzegovina	70	35
Nigeria	27	14
Namibia	42	21
Brunei	47	24
Bolivia	20	10
Panama	10	10
Venezuela	29	15
North Macedonia	65	33
Ethiopia	10	10
Ghana	17	10
Moldova	61	31
Angola	63	32
Democratic Republic of the Congo	22	11
Jamaica	10	10
Mozambique	31	16
Paraguay	10	10
Zambia	33	17
Lebanon	10	10
Tanzania	10	10
Iraq	78	39
Georgia	10	10
Senegal	10	10
Azerbaijan	10	10
Cameroon	22	11
Uganda	20	10
Albania	10	10
Armenia	10	10
Nepal	10	10
Sint Maarten	10	10
Falkland Islands	82	41
Gabon	10	10
Kuwait	10	10
Togo	10	10
Suriname	10	10
Belize	10	10
Maldives	10	10
Tajikistan	10	10
Cabo Verde	10	10
Burundi	10	10
Guadeloupe	10	10
Bhutan	10	10
Martinique	10	10
Tonga	10	10
Mauritania	10	10
Dominica	10	10
Micronesia	10	10
Gambia	10	10
French Guiana	10	10
Christmas Island	10	10
Andorra	10	10
Central African Republic	10	10
Solomon Islands	10	10
Mayotte	10	10
Anguilla	10	10
Cocos (Keeling) Islands	10	10
Eritrea	10	10
Cook Islands	10	10
South Sudan	10	10
Comoros	10	10
Kiribati	10	10
Sao Tome and Principe	10	10
Norfolk Island	58	29
Gibraltar	10	10
Tuvalu	10	10
British Indian Ocean Territory	10	10
Tokelau	10	10
Guinea-Bissau	10	10
Svalbard and Jan Mayen	10	10
Heard and McDonald Islands	10	10
Reunion	73	37

What People Are Saying
President Donald Trump while announcing the new tariffs on Wednesday: “Chronic trade deficits are a national emergency.”

Ernie Tedeschi, director of economics at the Budget Lab at Yale, told Newsweek: “Obviously it’s still unclear whether this is the policy that will be announced. But with that caveat: this idea would bring tariffs back to where they were in America in the early 1900s. It would raise about $3 trillion over a decade—enough to pay for about half of the tax cut extension—but it would also raise prices by the equivalent of more than a year’s worth of normal inflation and cut U.S. economic growth in 2025 in half.”

What Happens Next
A 25% tariff on “all foreign-made automobiles” will take effect on April 3. The 10% “baseline” tariffs will take effect on April 5 and the reciprocal tariffs will kick in on April 9.

Markets reacted sharply to the announcement.

Stock futures plunged and after-hours trading descended into turmoil as Trump pledged steep tariffs on some of the U.S.’s top trading partners. The SPDR S&P 500 ETF Trust (SPY), which tracks the S&P 500, fell 2.47 percent. The SPDR Dow Jones Industrial Average ETF Trust (DIA) dropped 1.37 percent, while the Invesco QQQ ETF, which tracks the Nasdaq Composite Index, sank 3.45 percent. (NEWSWEEK)