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President Donald Trump aimed at Vietnam, Cambodia, Taiwan, Japan and the European Union not to play fair with the United States of America on fares and trade.
President Donald Trump Reciprocal rates imposed In most countries that market with the United States
“Reciprocal? This means they do it and we do it to them. Very simple. I can’t get easier than this. This is one of the most important days, in my opinion, in North -American History. It is our statement of economic independence,” he said on Wednesday.
On Thursday, US stocks sold abruptly in developments.
What to know about the “Liberation Day” rates of President Trump
| Dial | Safety | Ultimate | Shift | Change % |
|---|---|---|---|---|
| And: dji | Dow jones medium | 40545.93 | -1.679.39 |
-3.98% |
| Sp500 | S&P 500 | 5396.52 | -274.45 |
-4.84% |
| I: Comp. | Nasdaq compound index | 16550.605314 | -1,050.44 |
-5.97% |
While the fare war between Canada, Mexico and China has been in progress, the list was published on Wednesday, it had some surprises that were stronger than expectations, according to experts. Especially for Asian nations.
Here is the account of the White House.
President Donald Trump has a graph, as he comments on reciprocal rates in the Roses Garden on April 2, 2025. (Brendan Smialowski / AFP through Getty Images / Getty Images)
Tariff marker
Vietnam and Cambodia face some of the biggest hits.
“Vietnam, big negotiators, older people. I like it. I like it. The problem is that they charge us 90%. We will charge them a 46%rate. Taiwan, where all our computer and semiconductors were taken. We used to be the king, we had everything. We had everything. Now we have almost nothing,” said Trump.
Stated Taiwan $ 100 billion commitment to semiconductor Invest in the North -American Manufacture that was announced last month.
“”Look at Cambodia, 97%. We will reduce it to 49%. And they made a fortune with the United States of America, “said Trump.
| Dial | Safety | Ultimate | Shift | Change % |
|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing Co. Ltd. | 157.39 | -12.96 |
-7.61% |
Live market updates: Tarife Push Roils actions
Trump also left Japan to collect the United States beyond 46% of the rate.
“Japan, 46%. They would charge us 46% and much higher for certain items such as cars, you know, small items like cars, 46% we charge them 24%,” he said.
Trump also requested the European Union to operate as a unidirectional street.
When will the rate price hikes begin?
“The European Union prohibits imports from most North -American Corral birds, do you understand? They say:” We want to send -our cars. We want to send -you all. But we are not going to take anything you have, “he said.
Some smaller nations, such as Laos and Botswana, did not save themselves. Laos, for example, charges the US at 90%.
Ukraine was notified despite the continued war with Russia. Bosnia and Fiji also touched.
The Malvin Islands, which charges 80%of the US, were found among those affected with the largest rates.
