Countries are reacting to widespread tariffs proposed by the U.S.—and there 🌳are two distౠinct approaches.
Some countries are attempting to negotiate deals with the U.S. in hopes of lowering tariffs. While none has been successful yet, President Donald Trump paused his most extreme tariffs Wednesday just hours after they had been implemented in an effort to make tailored deals with each country, the ꦯadministration said.
Others retaliated in the early hours of the day, enforcing their own additional tariffs on U.S. goods. In response to the largest retaliation, Trump 澳洲幸运5官方开奖结果体彩网:ratcheted the import duties on Chinese goods. Other countries that answ🗹ered Trump's tariffs with import taxes of their own did not see any U.S. response ye⭕t.
Here are th🌳e countries taking these different approaches.
Retaliating
Several countries are responding to Trump's tariffs with additional import taxes on U.S. products. Trump has said that if countries retaliate, he will increase the "reciprocal" tariffs on that country.
China
China had already planned a 澳洲幸运5官方开奖结果体彩网:34% retaliatory tariff last week. In response, Trump ratcheted up🐻 tariffs on C🍸hinese goods to 104% and those went into effect early Wednesday morning.
The Chinese government responded by 澳洲幸运5官方开奖结果体彩网:raising its levy on U.S. goods to 84%.
"The U.S.'s practice of escalating tariffs on China is a mistake on top of a mistake, which seriously infringes on China's legitimate rights and interests and seriously damages the rules-based multilateral trading system," China's Ministry of Finance s🦋aid.
In response, Trump 澳洲幸运5官方开奖结果体彩网:increased tariffs o✨n Chinese goods to 125% instead of giving the country a reprieve, asꦓ with most others.𝓰
"As I repeatedly said, China is the most imbalanced economy in the history of the modern world and they are the biggest source of the U..S.'s trade problems." said Treasury Secretary Scott Bessent in a press conference with reporters after the increased tariffs were announced.
European Union
澳洲幸运5官方开奖结果体彩网:European Union officials voted Wednesday💦 to implement retaliatory tariffs on U.S. goods.
The bloc's tariffs will affect around $23.2 billion in U.S. exports, according to Bloomberg, and are in response to the 澳洲幸运5官方开奖结果体彩网:steel and aluminum tariffs previously implemented, according to a statement released by officials.
"The EU considers U.S. tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy," the statement said. "The EU has stated its clear preference to find negotiated outcomes with the U.S., which would be balanced and mutually beneficial."
The tariffs will be implemented on April 15 and could be suspended should the t🅷wo governing bodies reach a deal.
Canada
The U.S.'s neighbors to the north also focused on auto tariffs, implementing a 25% import tax on American-made vehicles. These tariffs, like the U.S. counterparts, exclude USMCA automobiles.
“We are responding today with, and we responded throughout with, carefully calibrated and targeted counter-tariffs,” Canadian Prime Minister Mark Carney reportedly said during 🎐a press conference.
Canada was included in the countries with a base tariff of 10% under the pause announced Wednesday by Trump, Bessent said, but it was not immediately clear what that meant for tariffs announced previously on the country that were not included in the "reciprocal" framework.
Negotiating
Treasury Secretary Scott Bessent said 70 countries had 澳洲幸运5官方开奖结果体彩网:called to negotiate trade deals at the beginning of the week. Trump has posted on Truth Social that ✃he has met with or had calls with several countries.
Below are some ಞcoun🐎tries that are confirmed to be making an attempt to negotiate lower tariffs.
Japan
Japanese government officials have been in talks with ✨Trump since the beginning of the week, accordinཧg to reports.
The country seeks to negotiate down the 24% tariff that the U.S. is charging on Japanese imports. Japan has long been an economic ally, with the U.S. importing $148.2 billion of goods from Japan last year.
Bessent has said Japan will likely "get priority" because they came forward quickly.
Vietnam
Vietnam's first attempt at a deal was dismissed by Trump's trade adviser Peter Navarro early in the week but it reportedly is still attempting to negotiate with the administration.
Many companies moved their manufacturing out of China in recent years as wages have increased and tariffs put on China in Trump's first administration increased costs. Nike, for example, sources 澳洲幸运5官方开奖结果体彩网𝐆:large portions of its shoes and apparel from Vietnam, according ꧑to its mostﷺ recent annual report.
Bloomberg repor𝓀ted that a top Vietnamese official has headed to Washington for negotiations.
South Korea
On Tuesday, Trump wrote on the social media site Truth Social that he had "a great call" with South Korean Acting President and Prime Minister Han Duck-soo.
"We have the confines and probability of a great DEAL for both countries," Trump wrote. "Their top TEAM is on a plane heading to the U.S., and things are looking good."
The U.S. levied a 25% tariff on♉ South Korean goods 🤡when widespread tariffs went into effect in the early hours Wednesday.
Update, April 9, 2025: This article was updated to include information about President Donald Trump's pause on "reciprocal" tariffs.