Trump's Higher Tariffs Hit Imports From Dozens of Countries
Trump set a 15% tariff on major industrialized economies, including the European Union, Japan and South Korea.
Other nations with which the U.S. has a small trade deficit also get 15% levy.
Some tariff rates are set regionally. Southeast Asian nations, such as Indonesia and the Philippines, get a 19% rate, while Vietnam faces duties of 20%.
In a social-media post, Trump said, 'Billions of dollars in tariffs are now flowing into the United States of America.'
U.S. trading partners continue to lobby for exemptions. 🔎 Read more:
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