President Trump announces 'baseline tariff' of 10% on trade partners

WASHINGTON (TNND) — President Donald Trump is doubling down on his tariff policies, with the United States placing a 'baseline tariff' of 10% on trade partners as of April 3.

Trump opened his remarks from the Rose Garden at the White House, saying that April 2, 2025, "will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again."

The executive order for "reciprocal tariffs" was placed on roughly 60 countries.

“Reciprocal, that means they do it to us and we do it to them, very simple, can’t get any more simple than that,” he said.

Trump highlighted the tariffs that other countries throughout the world charge on the United States, referencing an annual report from the U.S. Trade Representatives on the non-tariff regulations faced by U.S. firms, which is one of the main motivators behind the reciprocal tariff push.

During his remarks, Trump held up a chart with a list of countries and the number of tariffs each country imposes on the United States.

Here is the full list of reciprocal tariffs:

• China: 34%
• European Union: 20%
• Vietnam: 46%
• Taiwan: 32%
• Japan: 24%
• South Korea: 25%
• India: 26%
• 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: 10%
• Turkey: 10%
• Sri Lanka: 44%
• Colombia: 10%

"The tariffs will be not a full reciprocal," Trump said. "I could have done that, yes, but it would have been tough for a lot of countries."

Part of the list includes Heard Island and McDonald Island - remote uninhabited islands located in the sub-Antarctic Indian Ocean. The White House told the National News Desk that they were included due to being Australian territories.

The president said that these tariffs would help "rebuild our economy and to prevent cheating."

“Taxpayers have been ripped off for more than 50 years,” Trump said during his remarks. “But it is not going to happen anymore.”

According to the order, there will be a 25% tariff on all foreign-made automobiles starting at midnight on April 3. These tariffs were previously announced last week.

He said that this order would charge other countries what they charge the United States in tariffs.

“It’s our declaration of economic independence,” Trump said when announcing the “reciprocal” tariffs. “For years, hardworking American citizens were forced to sit on the sidelines as other nations got rich and powerful, much of it at our expense. But now it’s our turn to prosper.”

The president has made tariffs a cornerstone of his second term, arguing they will bolster U.S. manufacturing and reduce reliance on foreign imports. Notably, Trump imposed a 25% tariff on steel and aluminum imports, seeking to strengthen domestic industries. Additionally, imports from China are subject to a 20% tariff due to the country's role in fentanyl production.

During his remarks, Trump invited Brian Pannebecker, who is a retired autoworker and previously spoke at the Republican National Convention, to speak about the auto tariffs Trump is imposing.

“My entire life, I have watched plant after plant after plant close,” Pannebecker said. “We support Donald Trump’s policies on tariffs 100%, and so, Mr. President, we can’t thank you enough. In six months or a year, we’re going to see the benefits.”

Pannebecker is the founder of Auto Workers for Trump.

Those in attendance included Secretary of State Marco Rubio, Secretary of Homeland Security Kristi Noem, Health and Human Services Secretary Robert F. Kennedy, Defense Secretary Pete Hegseth, Education Secretary Linda McMahon, Veterans Affairs Secretary Doug Collins, Transportation Secretary Sean Duffy, Housing and Urban Development Secretary Scott Turner, Commerce Secretary Howard Lutnick, Environmental Protection Agency administrator Lee Zeldin and Director of National Intelligence Tulsi Gabbard.

While Trump's tariffs have received praise from some supporters as necessary for economic reform, others, including trade experts and economists, warn of negative consequences. Critics argue that the tariffs could lead to higher prices for consumers and disrupt supply chains, while proponents contend that they are useful negotiation tools for trade and border security.

The Republican president has pointed to corporate investments in the U.S. as evidence of the success of his tariff policies. On Friday, Trump highlighted Apple’s decision to invest $500 billion in U.S. manufacturing, crediting the tariffs for encouraging companies to bring production back to American soil.

"I think you’re going to have a country that’s going to boom," Trump said, referencing a conversation he had with Apple CEO Tim Cook. "He told me, 'I would have never done it if you had lost the election, and I would have never done it if there wasn’t a tariff system.'"

Trump has repeatedly criticized the U.S. for allowing other nations to levy tariffs on American goods without repercussions.

In a phone interview with NBC News posted on Saturday, Trump said, "The world has been ripping off the United States for the last 40 years and more. And all we’re doing is being fair, and frankly, I’m being very generous."

Trump has also floated the possibility of imposing similar measures on industries including pharmaceuticals, copper, and computer chips. "We’ll be announcing it very soon, but we have to bring back drugs and pharmaceuticals back into our country," he said on Friday aboard Air Force One, without providing the rate. He told reporters that he doesn’t want the U.S. to rely on other countries like it did during the COVID-19 pandemic.

Trump’s tariff agenda extends beyond trade imbalances, with the president also using tariffs as a tool to secure the U.S. border and address geopolitical tensions. In a TruthSocial post, he warned that nations purchasing oil from Venezuela, which he labeled "very hostile" to the U.S., would face a 25% tariff on all their trade with the U.S. starting April 2.

Trump has also threatened to impose secondary tariffs on Russian oil if the country is seen as responsible for stalling peace efforts in Ukraine. In a phone interview with NBC News, Trump expressed frustration with Russian President Vladimir Putin, calling him out for his remarks on Ukrainian President Volodymyr Zelenskyy. Trump said that if he believed Russia was to blame for the ongoing conflict, he would impose a 25% tariff on Russian oil.

Over the weekend, Trump told NBC News' "Meet the Press" host Kristen Welker he is "angry" and "pissed off" with Russian President Vladimir Putin over remarks made about Ukrainian President Volodymyr Zelenskyy’s leadership. "If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia’s fault, which it might not be. I am going to put secondary tariffs on all oil coming out of Russia."

Trump is also considering secondary tariffs on Iran if the country fails to reach a nuclear deal with the U.S. On Sunday, Trump told reporters, "We're going to make a decision on secondary tariffs on Iran based on whether or not they're going to make a deal. If they're going to make a deal, then we're never going to put secondary tariffs." "I can't imagine them doing anything else but making a deal," he added.

Despite growing criticism of his tariff policies, Trump remains resolute. In another TruthSocial post, he declared, “LIBERATION DAY IN AMERICA IS COMING SOON. FOR YEARS, WE HAVE BEEN RIPPED OFF BY VIRTUALLY EVERY COUNTRY IN THE WORLD, BOTH FRIEND AND FOE. BUT THOSE DAYS ARE OVER.”

As the president continues with his tariff plans, the impacts remain a topic of debate, with supporters praising the policies as necessary for U.S. economic security while others worry about potential negative effects on the global market and domestic consumers