All tariffs announced by Donald Trump:
Effective date: February 4, 2025
🟠Country: China
🟠Rate: 10%
🟠Goods: All
🟠Bloomberg forecast: Moderate impact on U.S. and Chinese economies
🟠Retaliation: Limited
Effective date: March 4, 2025
🟠Country: China
🟠Rate: Additional 10%
🟠Goods: All
🟠Bloomberg forecast: Risk of over 50% decline in Chinese exports to the U.S.
🟠Retaliation: 10-15% additional tariffs on select U.S. imports starting March 10
Effective date: March 4, 2025
🟠Countries: Canada, Mexico
🟠Rate: 25% (10% for Canadian energy)
🟠Goods: Most
🟠Bloomberg forecast: 1% decline in U.S. GDP, major economic shock for Mexico and Canada
🟠Retaliation: Canada to impose 25% counter-tariffs
Effective date: March 12, 2025
🟠Countries: Major exporters
🟠Rate: 25%
🟠Goods: Steel, aluminum
🟠Bloomberg forecast: Minor impact on the U.S., Canadian economy particularly vulnerable
🟠Retaliation: Expected
Effective date: April 2, 2025
🟠Countries: EU
🟠Rate: 25%
🟠Goods: All
🟠Bloomberg forecast: EU exports to the U.S. could drop by 70%, affecting 1.5% of EU GDP
🟠Retaliation: Expected
Effective date: April 2, 2025
🟠Countries: Major exporters
🟠Rate: 25%
🟠Goods: Cars, chips, pharmaceuticals
🟠Retaliation: Uncertain
Effective date: April 2, 2025
🟠Countries: All
🟠Rate: Reciprocal tariffs mirroring those imposed on U.S. goods
🟠Bloomberg forecast: If countries impose similar restrictions, it could severely impact the global economy
Effective date: November 22, 2025
🟠Countries: Major exporters
🟠Rate: Unspecified
🟠Goods: Copper
🟠Bloomberg forecast: Minor impact on the U.S., Chile and Canada most vulnerable
🟠Retaliation: Uncertain
Effective date: December 31, 2025
🟠Countries: EU, UK, Canada
🟠Rate, goods, and details: Not yet disclosed