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Trump announces 10% baseline tariff on all imports, higher 'reciprocal' tariffs against select countries

  • Trump announced a 10% baseline tariff on all imports and higher tariffs on select countries, calling them 'reciprocal tariffs.'
  • These tariffs are the most significant increase since the 1930s, impacting nations worldwide.
  • Trump stated on Truth Social that U.S. Farmers should prepare for increased agricultural production.
  • He accused the EU of 'ripping off' the U.S. And imposed a 20% tariff on the bloc, asserting it is a defensive measure.
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npr broke the news in Washington, United States on Wednesday, April 2, 2025.
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