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Data Story: US New Tariff Rates

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Data Story: US New Tariff Rates

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Data Story: US New Tariff Rates
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DBT Bureau

Bengaluru, 4 April 2025

The Trump administration unveiled sweeping tariffs on US trading partners on Wednesday. These tariffs are intended to bridge the trade gap with other nations apart from attracting investment in the manufacturing sector in the US.

Here is a snapshot of new tariff rates:

Country/BlockUS New Tariff Rate
China34%
European Union20%
Japan24%
India26%
South Korea25%
UK10%
Vietnam46%
Taiwan32%
CanadaNo new tariff
MexicoNo new tariff
  • Here is an earlier Data Story depicting US’ trade gap with key nations.

Link: https://databiztimes.com/data-story-us-trade-gap-in-2024/

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