WASHINGTON — U.S. President Donald Trump on Wednesday announced the most sweeping tariffs of his administration so far, including levies that exceed 30% on Asian economies such as China, Taiwan, Vietnam and Thailand.
The tariffs will be two-tiered. First, there will be a 10% baseline tariff on all countries. Additionally, a higher reciprocal tariff will be charged on the “worst offenders” of nontariff barriers.
AloJapan.com