(Reuters) – Donald Trump’s new and comprehensive tariffs on US imports have hit countries around the world, in the most serious blow to the global trade system in decades.
The surcharge caused retaliation measures and efforts to negotiate a reduction in climbing.
Here’s how the 15th US Main Trade Partners have reacted so far:
European Union: The 27 -countries block is launching its first set of contracted in April against US and aluminum tariffs. The block diluted the initial proposals, removing, for example, the US Bourbon from the list, and also offered a “zero per zero” tariff agreement to Washington.
CHINA: Beijing countered with general rates equivalent to 34% on US imports, restrictions on exporting some rare lands, and adding 11 other US agencies to a list of “unreliable entities”, allowing Beijing to sanction them.
MEXICO: Mexico has been left out of Trump’s global rates list, but still has many obstacles to face: US rates of up to 25% are still imposed on cars, steel and aluminum, as well as products that are not in accordance with the US-USMCA (USMCA) agreement.
Continues after advertising
CANADA: Canada imposed 25% Canadian $ 30 billion rates ($ 21 billion) on imported US products on March 6, in response to Trump’s initial tariffs, plus 25% tariffs over another 29.8 billion Canadian dollars in imported US products in response to US steel and aluminum tariffs. New cars announced on April 3 apply to car imports worth 35.6 billion Canadian dollars.
GERMANY: Berlin argues that the European Union market, with 450 million consumers, gives him the advantage to negotiate with Trump and avoid a trade war. Government officials also asked the EU to promote trade agreements with other countries, such as Mexico, Canada and India.
JAPAN: Tokyo does not plan anywhere against the face and, instead, will send a team to negotiate concessions from the United States. Prime Minister Shigeru Ishiba appointed his economy minister Ryosei Akazawa as a negotiator who will work with US Treasury Secretary Scott Bessent in bilateral trade negotiations. Ishiba said he was considering a new visit to the US to meet Trump.
Continues after advertising
SOUTH KOREA: To date, there has been no retaliation on the part of Seoul, but interim president Han Duck-Soo has ordered emergency support measures to the affected companies, including cars, and sent a senior employee to Washington to try to negotiate.
TAIWAN: Taiwan President Lai Ching-Te proposed a zero tariff regime with the United States and said Taiwan will not charge reciprocal tariffs. Instead, it will seek to increase imports from the United States and remove non -tariff barriers.
VIETNAM: Vietnam leader to Lam offered the removal of tariffs about US products on a connection with Trump the day after the fare announcement. Vietnam made a number of concessions, including the promise of importing more US products and granting an license to Elon Musk’s Starlink in favorable conditions. Trump organization is also investing in golf facilities in Vietnam.
Continues after advertising
UNITED KINGDOM: Prime Minister Keir Strmer’s government is in negotiations with the US about an agreement that could reduce their 10%rates. The government is consulting companies about the need for retaliatory tariffs and measures to avoid dumping by other countries. The government has said it wants to deepen commercial ties with its main partners.
INDIA: India has not planned retaliatory measures against the US and aims to negotiate a bilateral trade agreement. It also signaled its willingness to reduce tariffs over more than half of US imports to the country. In addition, it is also talking to the UK and the EU about commercial agreements.
NETHERLANDS: The Netherlands, one of the world’s largest agricultural exporters and the largest sea port in Europe, emphasized the need for a calm and proportional response to US tariffs, warning against a climb.
Continues after advertising
IRELAND: With a local economy highly dependent on a cluster of large pharmaceutical and US technology companies, Dublin called for a “calm and thoughtful” response and warned Brussels against the use of his powerful anti-coercion instrument law.
ITALY: Rome warned against retaliatory tariffs. To compensate for the economic impact of US measures, Italy has asked the EU to allow Member States to increase spending without violating the block’s fiscal rules.
FRANCE: President Emmanuel Macron called for a firm response from the European Union, possibly including US digital services. He also asked French companies to suspend their investment plans in the US until the situation was clarified.
Continues after advertising
BRAZIL: The Brazilian Congress reacted to Trump’s rates by approving a law that allows commercial retaliation. President Luiz Inacio Lula da Silva said that any contracted would be based on this law. Vice President Geraldo Alckmin said the country prefers dialogue and will not trigger the provisions of the new law for now.
