Trump's tariff rates for other countries radically larger than World Trade data

U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025. President Donald Trump announced an aggressive, far-reaching "reciprocal tariff" policy this week, leaving many economists and U.S. trade partners to question how the White House calculated its rates. Trump's plan established a 10% baseline tariff on almost every country, though many nations such as China, Vietnam and Taiwan are subject to much steeper rates. At a ceremony in the Rose Garden on Wednesday, Trump held up a poster board that outlined the tariffs that it claims are "charged" to the U.S., as well as the "discounted" reciprocal tariffs that America would implement in response. Those reciprocal tariffs are mostly about half of what the Trump administration said each country has charged the U.S. The poster suggests China charges a tariff of 67%, for instance, and that the U.S. will implement a 34% reciprocal tariff in response. Howev ... Read full article.