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The US White House released a tariff table for 185 countries
The US White House on April 2 released the charts used by President Donald Trump to outline the tariffs that will be levied on 185 countries and territories around the world.
Those charts show President Trump's retaliatory tariffs on April 2 to match tariffs on American goods from other countries.
Amid widespread opposition, US President Donald Trump signed two so-called "reciprocal tariffs" executive orders on Wednesday, imposing a "minimum basic tariff" of 10 percent and higher tariffs on some trade partners.
Speaking in the Rose Garden at the White House, Trump said he would impose a base tariff of 10 percent on all imports and hold up a chart showing higher tariffs on some of the country's biggest trading partners, including 34 percent on China and 20 percent on the European Union.
An earlier approved 25 percent tariff on automobiles and auto parts will take effect on Thursday.
Trump said the "reciprocal" tariffs are a response to tariffs and other non-tariff barriers placed on U.S. goods, and that the tariffs would restore strategically important manufacturing capacity to the U.S.
Many of America's trading partners have already expressed their opposition to Trump's actions and said they would take countermeasures.
U.S. stock futures have fallen sharply since the tariffs were first announced, and the incoming tariffs will weigh heavily on the global economy.
It was a volatile week of trading as investors speculated on how inflation and corporate earnings could be affected.
Nearly $5 trillion worth of U.S. stocks have lost ground since February.
Trump's actions have rattled financial markets and businesses that have relied on trade arrangements dating back to the middle of the last century.
