Trump Imposes 20% Tariffs on All Imports from the EU to the U.S.

U.S. President Donald Trump announced the introduction of tariffs on all goods imported from abroad. On April 2, Trump made the announcement during a press conference in the White House garden. The base tariff rate will be 10%, but for many countries, it will be higher.
Trump presented a table with two columns: one showing the tariffs currently imposed on American goods by various countries and the other listing the tariffs Washington is imposing in response. Later, the chart was published on the White House's social media account on X.
Tariffs on goods from China will be 34%, from EU countries—20%, from Switzerland—31%, from Israel—17%, and from Kazakhstan—27%. Some of the highest tariffs are being imposed on Vietnam (46%), Cambodia (49%), and Laos (48%). For the UK, Brazil, Argentina, the UAE, and Ukraine, the rate will remain at 10%. Russia was not mentioned in the list.
Trump called this decision a "historic order establishing reciprocal tariffs for countries around the world." "Reciprocal means: whatever they do to us, we do to them," the U.S. president said. "I think this is one of the most important days in American history."
Donald Trump also confirmed that he is imposing a 25% tariff on all automobile imports to the U.S. Even before his speech, the order establishing these tariffs had been published in the U.S. Federal Register.
According to the document, the 25% tariffs on automobiles will take effect on April 3, while similar additional tariffs on auto parts will start on May 3. Trump believes that their import currently "poses a threat to U.S. national security."