That includes substantially higher rates on some of the country’s biggest trading partners, such as China — which now faces a 54% total tariff — the European Union and Vietnam.
President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair.
Trump said Wednesday he will apply a minimum 10% tariff on all exporters to the US and slap additional duties on around 60 nations with the largest trade imbalances with the US.
