Trump's tariffs send shivers across world markets as economists warn of recession risk
apnews.com
The U.S. president's move has provoked dismay and calls for further negotiations to make trade rules fairer.

Among the reciprocal tariff levels Trump announced:

China: 34%

European Union: 20%

South Korea: 25%

India: 26%

Vietnam: 46%

Taiwan: 32%

Japan: 24%

Thailand: 36%

Switzerland: 31%

Indonesia: 32%

Malaysia: 24%

Cambodia: 49%

United Kingdom: 10%

Rest of the world: 10%

  • @[email protected]English
    26•3 months ago

    I don’t know what the actual reasoning is but the 49/46% on Cambodia and Vietnam sounds an awful lot like how we still embargo Cuba like decades after failing to overthrow Castro.

    • @[email protected]English
      11•3 months ago

      Lots of good cheap building materials and cloth come from Vietnam. Trump publically thinks that by cutting off these it will bring the rust belt back. Absolute lunacy.

    • @[email protected]English
      13•3 months ago

      Reminder that after setting the political stage for the Khmer Rouge to take power with the carpet-bombing of Cambodia, the US Government continued to recognize Pol Pot as its rightful ruler all the way through to the early 1990s, simply because the actual Cambodian government of the 80s was installed with Vietnam’s help.

      The USA seems to be on an never-ending quest to fuck Indochina over for no fucking reason.

    • @[email protected]
      English
      10•3 months ago

      The number for a tariff is a trading deficit divided by total export of a country. It’s simplistically stupid.

      • @[email protected]English
        5•3 months ago

        Russia is missing from the chart:

        Overview In January 2025, United States exported $34.9M and imported $196M from Russia, resulting in a negative trade balance of $161M.

        • @[email protected]
          English
          4•3 months ago

          Yeah, I wouldn’t be surprised if Russia was it’s own case, comrade Krasnov will make sure of it