As Trump’s tariffs on the 60 countries he calls the “worst offenders” came into effect there has been a flurry of reaction – including retaliatory measures. Here’s the latest from three key US trade partners:
China
In February, Trump announced a 10% tariff rate on almost all Chinese goods entering the US. China responded with various tariffs of 10-15% on certain US products, the US then escalated to a 20% tariff rate on Chinese goods
On 3 April, Trump raised tariffs to 54% on Chinese imports. China responded with a 34% tariff on most US goods
Last night, Trump imposed an additional 50% tariff, bringing the total on Chinese goods to 104% after China refused to withdraw its retaliatory levy on the US. China has now raised its tariff on US imports to 84%
The EU
The US imposed a 20% tariff on most EU imports, as the bloc will also be impacted by 25% tariffs on cars, steel and aluminium
The EU’s 27 member states today voted to impose countermeasures, responding to the metals tariff which began on 12 March
In stages throughout this year, starting on Tuesday, the EU plans to impose a range of extra tariffs on specific US imports, affecting €20.9bn (£18bn) worth of goods
Canada
Canada is impacted by the 25% tariffs on cars and metals, as well as other goods outside of the free trade agreement it has with the US and Mexico
It has responded with a range of tariffs, including 25% on certain cars coming from the US, and billions of dollars worth of US goods
