In a bold move, the White House today announced new tariffs as President Donald Trump enacted a 10% duty on Jamaican exports to the United States. The decision, made on what he has dubbed &ldquo;Liberation Day,&rdquo; is part of a broader effort to reshape trade relations and bolster the U.S. economy. The move has sparked reactions from Jamaican manufacturers, who are now bracing for its impact.&nbsp;
U.S. President Donald Trump announced a sweeping new set of tariffs on Wednesday (April 2), arguing that they would allow the United States of America to economically flourish.&nbsp; President Trump believes the tariffs are necessary to address trading imbalances and to protect American jobs and manufacturing.&nbsp;
White House Official said the President would impose a "baseline" tariff on all imports to the US. That rate is set at 10% and will go into effect on 5 April.
White House officials also said that they would impose what they describe as specific reciprocal tariffs on roughly 60 of the "worst offenders".
These will go into effect on 9 April.
Trump's officials say these countries charge higher tariffs on US goods, impose "non-tariff" barriers to U.S. trade or have otherwise acted in ways they feel undermine American economic goals.
The key trading partners subject to these customised tariff rates include:
<ul class="sc-5c9c90b0-0 ggNdZQ">
<li class="sc-8d73edac-0 ezcCTE">European Union: 20%</li>
<li class="sc-8d73edac-0 ezcCTE">China: 54% (which includes earlier tariffs)</li>
<li class="sc-8d73edac-0 ezcCTE">Vietnam: 46%</li>
<li class="sc-8d73edac-0 ezcCTE">Thailand: 36%</li>
<li class="sc-8d73edac-0 ezcCTE">Japan: 24%</li>
<li class="sc-8d73edac-0 ezcCTE">Cambodia: 49%</li>
<li class="sc-8d73edac-0 ezcCTE">South Africa: 30%</li>
<li class="sc-8d73edac-0 ezcCTE">Taiwan: 32%</li>
</ul>

In a bold move, the White House today announced new tariffs as President Donald Trump enacted a 10% duty on Jamaican exports to the United States.

US Imposes 10% Tariff on Jamaican Exports