Full list of Donald Trump’s ‘Liberation Day’ tariffs including which countries expected to be hit hardest
Donald Trump has announced his full list of 'Liberation Day' tariffs, which he claims will give the US 'economic independence'.
Every country on the list has been hit with tariffs of at least 10 percent, with the UK among those who were hit least hardest by the punishing measures.
The European Union got double the damage with a 20 percent tariff, while China is among the countries that will be most affected by tariffs.
Trump said that the countries he deemed to be the 'worst offenders' among America's trading partners were hit with higher levels of tariffs.
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He also ended up imposing tariffs on places like the Heard and McDonald Islands, a group of barren islands in the Antarctic which are owned by Australia.
They are also uninhabited.
Trump declared that American taxpayers 'have been ripped off for more than 50 years', though given the way tariffs work it'll be American taxpayers who pay them.
What are tariffs and what is Trump doing with them?
Just for a quick refresher, a tariff is a kind of tax an importer pays on things brought in from other countries so if someone in the US wanted to buy something from the UK then they'll have to pay money to the US government to the tune of 10 percent (unless it's a car, in which case it's 25 percent) the item's value.
Remember, that money is going to be paid by the person in the US, but tariffs hurt other countries too, as the person importing them will likely increase the price to cover their own costs and pass the expense onto the person who ultimately ends up buying it.
This makes things from other countries more expensive to the general public and thus less appealing compared to domestic goods and services.
As such, Trump has claimed that 'jobs and factories will come roaring back into our country'
The full list of tariffs:
- China: 34% (though it will be 54% as it will stack with other US tariffs on China)
- European Union: 20%
- Vietnam: 46%
- Taiwan: 32%
- Japan: 24%
- India: 26%
- South Korea: 25%
- Thailand: 36%
- Switzerland: 31%
- Indonesia: 32%
- Malaysia: 24%
- Cambodia: 49%
- United Kingdom: 10%
- South Africa: 30%
- Brazil: 10%
- Bangladesh: 37%
- Singapore: 10%
- Israel: 17%
- Philippines: 17%
- Chile: 10%
- Australia: 10%
- Pakistan: 29%
- Turkey: 10%
- Sri Lanka: 44%
- Colombia: 10%
- Peru: 10%
- Nicaragua: 18%
- Norway: 15%
- Costa Rica: 10%
- Jordan: 20%
- Dominican Republic: 10%
- United Arab Emirates: 10%
- New Zealand: 10%
- Argentina: 10%
- Ecuador: 10%
- Guatemala: 10%
- Honduras: 10%
- Madagascar: 47%
- Myanmar: 44%
- Tunisia: 28%
- Kazakhstan: 27%
- Serbia: 37%
- Egypt: 10%
- Saudi Arabia: 10%
- El Salvador: 10%
- Côte d’Ivoire: 21%
- Laos: 48%
- Botswana: 37%
- Trinidad and Tobago: 10%
- Morocco: 10%
- Algeria: 30%
- Oman: 10%
- Uruguay: 10%
- Bahamas: 10%
- Lesotho: 50%
- Ukraine: 10%
- Bahrain: 10%
- Qatar: 10%
- Mauritius: 40%
- Fiji: 32%
- Iceland: 10%
- Kenya: 10%
- Liechtenstein: 37%
- Guyana: 38%
- Haiti: 10%
- Bosnia and Herzegovina: 35%
- Nigeria: 14%
- Namibia: 21%
- Brunei: 24%
- Bolivia: 10%
- Panama: 10%
- Venezuela: 15%
- North Macedonia: 33%
- Ethiopia: 10%
- Ghana: 10%
- Moldova: 31%
- Angola: 32%
- Democratic Republic of the Congo: 11%
- Jamaica: 10%
- Mozambique: 16%
- Paraguay: 10%
- Zambia: 17%
- Lebanon: 10%
- Tanzania: 10%
- Iraq: 39%
- Georgia: 10%
- Senegal: 10%
- Azerbaijan: 10%
- Cameroon: 11%
- Uganda: 10%
- Albania: 10%
- Armenia: 10%
- Nepal: 10%
- Sint Maarten: 10%
- Falkland Islands: 41%
- Gabon: 10%
- Kuwait: 10%
- Togo: 10%
- Suriname: 10%
- Belize: 10%
- Papua New Guinea: 10%
- Malawi: 17%
- Liberia: 10%
- British Virgin Islands: 10%
- Afghanistan: 10%
- Zimbabwe: 18%
- Benin: 10%
- Barbados: 10%
- Monaco: 10%
- Syria: 41%
- Uzbekistan: 10%
- Republic of the Congo: 10%
- Djibouti: 10%
- French Polynesia: 10%
- Cayman Islands: 10%
- Kosovo: 10%
- Curaçao: 10%
- Vanuatu: 22%
- Rwanda: 10%
- Sierra Leone: 10%
- Mongolia: 10%
- San Marino: 10%
- Antigua and Barbuda: 10%
- Bermuda: 10%
- Eswatini: 10%
- Marshall Islands: 10%
- Saint Pierre and Miquelon: 50%
- Saint Kitts and Nevis: 10%
- Turkmenistan: 10%
- Grenada: 10%
- Sudan: 10%
- Turks and Caicos Islands: 10%
- Aruba: 10%
- Montenegro: 10%
- Saint Helena: 10%
- Kyrgyzstan: 10%
- Yemen: 10%
- Saint Vincent and the Grenadines: 10%
- Niger: 10%
- Saint Lucia: 10%
- Nauru: 30%
- Equatorial Guinea: 13%
- Iran: 10%
- Libya: 31%
- Samoa: 10%
- Guinea: 10%
- Timor-Leste: 10%
- Montserrat: 10%
- Chad: 13%
- Mali: 10%
- Maldives: 10%
- Tajikistan: 10%
- Cabo Verde: 10%
- Burundi: 10%
- Guadeloupe: 10%
- Bhutan: 10%
- Martinique: 10%
- Tonga: 10%
- Mauritania: 10%
- Dominica: 10%
- Micronesia: 10%
- Gambia: 10%
- French Guiana: 10%
- Christmas Island: 10%
- Andorra: 10%
- Central African Republic: 10%
- Solomon Islands: 10%
- Mayotte: 10%
- Anguilla: 10%
- Cocos (Keeling) Islands: 10%
- Eritrea: 10%
- Cook Islands: 10%
- South Sudan: 10%
- Comoros: 10%
- Kiribati: 10%
- São Tomé and Príncipe: 10%
- Norfolk Island: 29%
- Gibraltar: 10%
- Tuvalu: 10%
- British Indian Ocean Territory: 10%
- Tokelau: 10%
- Guinea-Bissau: 10%
- Svalbard and Jan Mayen: 10%
- Heard and McDonald Islands: 10% (these are uninhabited, by the way)
- Réunion: 37%
Topics: Money, US News, World News, Donald Trump
Joe Harker