United States President Donald Trump has signed an executive order reimposing “reciprocal tariffs” ranging from 10 percent to 41 percent on US imports from dozens of countries and foreign locations.
Separately, Trump also signed an executive order that increased tariffs on certain Canadian goods, with the White House accusing Ottawa of failing to “cooperate in curbing the ongoing flood of fentanyl and other illicit drugs” entering the US.
In a statement titled “Further Modifying the Reciprocal Tariff Rates”, the US listed some 69 trading partners and their respective “adjusted” tariff rates.
US-bound exports from some of Washington’s major trading partners – including Australia and the United Kingdom – will be subject to a baseline rate of 10 percent.
Other trade partners will see tariffs of 15 percent or more.
Trump cited the “continued lack of reciprocity in bilateral trade relationships” in a statement on the White House website announcing the reimposition of the tariffs.
