Thursday, April 3, 2025

Massive surcharges for many countries: Tariffs for Ukraine but not for Russia - this is the list of all US tariffs

FOCUS online Massive surcharges for many countries: Tariffs for Ukraine but not for Russia - this is the list of all US tariffs Peter Althaus • 6 hours • 2 minutes read US President Donald Trump has announced new tariffs of 10 to 49 percent for trading partners worldwide, fueling fears of a trade war. The mega-tariff package announced by President Donald Trump does not affect all of the US's trading partners equally. Beyond the 10 percent that will apply to imports from all countries to the United States, there are individual punitive levies - depending on whether the respective countries have particularly high trade barriers to American products from the US perspective. The list also includes small, non-independent territories such as Tokelau in the South Pacific and Gibraltar. The US's major trading partners, Canada and Mexico, are also not included on the list. Trump spokeswoman Karoline Leavitt confirmed to Axios that this was because Trump had already imposed blanket tariffs of 25 percent on both countries. Shortly after they took effect, he granted a one-month reprieve for certain products. The highest tariffs are on Lesotho at 50 percent. However, according to the White House, some countries are also exempt from the US tariffs. Russia, Belarus, North Korea, and Cuba are exempt from the US tariffs. Explaining Russia's absence, Leavitt stated that Russia was not included because US sanctions already "exclude any significant trade." No tariffs for Russia - 10 percent for Ukraine However, at least in the case of Russia, this is not true. According to the US Trade Representative, imports from Russia to the US amounted to at least three billion US dollars. Imported goods primarily include fertilizers, rare metals, and raw materials. Meanwhile, goods worth only $526 million were exported to Russia. However, Russia still leads Ukraine in the US trade balance for goods imports. According to the US Census Bureau, goods worth approximately $3 billion came from Russia to the US in 2024, compared to approximately $1.2 billion from Ukraine. From there, goods worth $1.23 billion were imported into the US in 2024. At the same time, the United States exported goods worth $1.7 billion to Ukraine, even achieving a trade surplus. The Trump administration considers other countries' trade surpluses with the US to be the main reason for its tariff war. Nevertheless, the US will impose tariffs worth 10 percent on goods from Ukraine in the future. This is the list of countries subject to US tariffs on goods from around the world. An overview of the punitive tariffs for the most important industrialized and emerging countries, as well as those US trading partners that face tariffs of 30 percent or more: Lesotho: 50 percent Saint Pierre and Miquelon: 50 percent Cambodia: 49 percent Laos: 48 percent Madagascar: 47 percent Vietnam: 46 percent Myanmar: 44 percent Sri Lanka: 44 percent Falkland Islands: 41 percent Syria: 41 percent Mauritius: 40 percent Iraq: 39 percent Guyana: 38 percent Bangladesh: 37 percent Botswana: 37 percent Liechtenstein: 37 percent Reunion: 37 percent Serbia: 37 percent Thailand: 36 percent Percent Bosnia and Herzegovina: 35 percent China: 34 percent North Macedonia: 33 percent Angola: 32 percent Fiji: 32 percent Indonesia: 32 percent Taiwan: 32 percent Libya: 31 percent Moldova: 31 percent Switzerland: 31 percent Algeria: 30 percent Nauru: 30 percent South Africa: 30 percent India: 26 percent South Korea: 25 percent Japan: 24 percent European Union: 20 percent Ukraine: 10 percent Argentina: 10 percent Australia: 10 percent Brazil: 10 percent Saudi Arabia: 10 percent Turkey: 10 percent Great Britain and Northern Ireland: 10 percent