Trump tariffs take effect infographic
Graphic shows U.S. average tariff rates since 1790.
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TRADE

Trump tariffs take trade levies to 100-year high

April 9, 2025 - The highest U.S. tariffs in more than a hundred years came into force on Wednesday, including 104% on Chinese goods as well as further levies on around 60 countries.

The import duties come after a 10% baseline tariff for most U.S. trading partners took effect Saturday. Asian countries are facing the brunt of the measures, with Cambodia and Vietnam facing 49% and 46% charges, respectively. Imports from the European Union will be taxed at a 20% rate.

“The tariffs are on and the money is pouring in at a level that we’ve never seen before, and it’s going to be great for us. It’s going to be great for other countries. We’ve been ripped off and abused by countries for many years,” Trump said Tuesday at a White House event, according to Bloomberg.

Sources
PUBLISHED: 09/04/2025; STORY: Graphic News
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