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On April 3, 2025, President Donald Trump announced a significant change in U.S. trade policy, imposing a 10% tariff on all imports starting April 5, 2025, at 12:01 PM EDT. This measure aims to address the persistent trade deficit and encourage domestic manufacturing.
In addition to the base tariff, the administration will implement "reciprocal tariffs" ranging from 20% to 46% on countries with which the U.S. has substantial trade deficits. China faces a total tariff burden of 54%, while the European Union and Japan are subject to tariffs of 20% and 24%, respectively.
These actions have generated global concern. The head of the European