GT I US Tariffs Update: Universal and Reciprocal Tariffs Imposed (as of April 4)

On April 2, 2025, the Trump administration announced 10% global tariffs on 100% of goods imported into the United States. The new tariffs are effective April 5 at 12:01 a.m. Goods that are on the water as of that date are exempt from the additional tariffs. On April 9 at 12:01 a.m., merchandise from more than 50 countries will face supplemental “reciprocal” tariffs including 20% on the EU. Read more.