Trump Announces Massive ‘Liberation Day’ Tariffs
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Trump Announces Massive ‘Liberation Day’ Tariffs
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Late yesterday afternoon, President Trump announced reciprocal tariffs in what had been hyped up as “Liberation Day” by the White House.
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From The Hill:
Trump announced in the Rose Garden that all foreign countries would face a baseline 10 percent tariff, but several nations are being hit with steeper tariffs on imports.
Trump said those reciprocal tariffs will be calculated by combining the rate of tariffs and nonmonetary barriers such as currency manipulation, and then dividing that total in half.
Canada and Mexico are still subject to a 25 percent tariff, with goods covered under the United States-Mexico-Canada Agreement exempted.
Dozens of countries will now face tariffs under the Trump administration. Here’s a full list arranged highest to lowest, courtesy of The Hill:
Lesotho:Ā 50 percent
Saint Pierre and Miquelon:Ā 50 percent
Cambodia: 49 percent
Laos: 48 percent
Madagascar: 47 percent
Vietnam: 46 percent tariff
Myanmar: 44 percent
SriĀ Lanka: 44 percent
FalklandĀ Islands: 41 percent
Syria: 41 percent
Mauritius: 40 percent
Iraq: 39 percent
Guyana: 38 percent
Botswana: 37 percent
Bangladesh: 37 percent
RĆ©union:Ā 37 percent
Serbia: 37 percent
Liechtenstein: 37 percent
Thailand: 36 percent tariff
Bosnia and Herzegovina: 35 percent
China: 34 percent tariff
North Macedonia: 33 percent
Fiji: 32 percent
Taiwan: 32 percent tariff
Indonesia: 32 percent
Angola: 32 percent
Switzerland: 31 percent
Moldova: 31 percent
Libya: 31 percent
Algeria: 30 percent
Nauru: 30 percent
NorfolkĀ Island: 29 percent
Pakistan: 29 percent
Tunisia: 28 percent
Kazakhstan: 27 percent
India: 26 percent tariff
SouthĀ Korea: 25 percent tariff
Brunei: 24 percent
Japan: 24 percent tariff
Malaysia: 24 percent
Vanuatu: 22 percent
IvoryĀ Coast: 21 percent
Namibia: 21 percent
European Union: 20 percent tariff
Jordan: 20 percent
Zimbabwe: 18 percent
Nicaragua: 18 percent
Israel: 17 percent
Philippines: 17 percent
Zambia: 17 percent
Malawi: 17 percent
Mozambique: 16 percent
Norway: 15 percent
Venezuela: 15 percent
Nigeria: 14 percent
Chad: 13 percent
Equatorial Guinea: 13 percent
Democratic Republic of the Congo: 11 percent
Cameroon: 11 percent
UnitedĀ Kingdom: 10 percent
SouthĀ Africa: 10 percent
Brazil: 10 percent
Singapore:Ā 10 percent
Chile: 10 percent
Australia: 10 percent
Turkey: 10 percent
Colombia: 10 percent
Peru: 10 percent
CostaĀ Rica: 10 percent
DominicanĀ Republic: 10 percent
UnitedĀ ArabĀ Emirates: 10 percent
NewĀ Zealand: 10 percent
Argentina: 10 percent
Ecuador: 10 percent
Guatemala: 10 percent
Honduras: 10 percent
Egypt: 10 percent
Saudi Arabia: 10 percent
Ukraine: 10 percent
Bahrain: 10 percent
Qatar: 10 percent
El Salvador:Ā 10 percent
TrinidadĀ andĀ Tobago: 10 percent
Morocco: 10 percent
Uruguay: 10 percent
Bahamas: 10 percent
Iceland: 10 percent
Kenya: 10 percent
Haiti: 10 percent
Bolivia: 10 percent
Panama: 10 percent
Ethiopia: 10 percent
Ghana: 10 percent
Jamaica: 10 percent
Paraguay: 10 percent
Lebanon: 10 percent
Tanzania: 10 percent
Georgia: 10 percent
Senegal: 10 percent
Azerbaijan: 10 percent
Uganda: 10 percent
Albania: 10 percent
Armenia: 10 percent
Nepal: 10 percent
Sint Maarten: 10 percent
Gabon: 10 percent
Kuwait: 10 percent
Togo: 10 percent
Suriname: 10 percent
Belize: 10 percent
Papua New Guinea: 10 percent
Liberia: 10 percent
British Virgin Islands: 10 percent
Afghanistan: 10 percent
Benin: 10 percent
Barbados: 10 percent
Monaco: 10 percent
Uzbekistan: 10 percent
RepublicĀ ofĀ theĀ Congo: 10 percent
Djibouti: 10 percent
FrenchĀ Polynesia: 10 percent
CaymanĀ Islands: 10 percent
Kosovo: 10 percent
CuraƧao: 10 percent
Rwanda: 10 percent
SierraĀ Leone: 10 percent
Mongolia: 10 percent
SanĀ Marino: 10 percent
Antigua and Barbuda: 10 percent
Bermuda: 10 percent
Eswatini: 10 percent
Marshal Islands:Ā 10 percent
Saint Kitts and Nevis: 10 percent
Turkmenistan: 10 percent
Grenada: 10 percent
Sudan: 10 percent
Turks and Caicos Islands: 10 percent
Aruba: 10 percent
Montenegro: 10 percent
SaintĀ Helena: 10 percent
Kyrgyzstan: 10 percent
Yemen: 10 percent
Saint Vincent and the Grenadines: 10 percent
Niger:Ā 10 percent
SaintĀ Lucia: 10 percent
Iran: 10 percent
Samoa: 10 percent
Guinea: 10 percent
Timor-Leste: 10 percent
Montserrat: 10 percent
Mali: 10 percent
Maldives: 10 percent
Tajikistan: 10 percent
CaboĀ Verde: 10 percent
Burundi: 10 percent
Guadeloupe: 10 percent
Bhutan: 10 percent
Martinique: 10 percent
Tonga: 10 percent
Mauritania: 10 percent
Dominica: 10 percent
Micronesia: 10 percent
Gambia: 10 percent
French Guiana: 10 percent
Christmas Island: 10 percent
Andorra: 10 percent
Central African Republic: 10 percent
Solomon Islands: 10 percent
Mayotte: 10 percent
Anguilla: 10 percent
Cocos Islands: 10 percent
Eritrea: 10 percent
Cook Islands: 10 percent
South Sudan: 10 percent
Comoros: 10 percent
Kiribati: 10 percent
SĆ£o TomĆ© and PrĆncipe: 10 percent
Gibraltar: 10 percent
Tuvalu: 10 percent
British Indian Ocean Territory:Ā 10 percent
Tokelau: 10 percent
Guinea-Bissau: 10 percent
Svalbard and Jan Mayen:Ā 10 percent
Heard and McDonald Islands: 10 percent
What do you think of these tariffs? Share your thoughts and prayers below.
(Photo Credit: The White House/Flickr)
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Comments
I’m afraid these tariffs are going to cause the stock market to take a dump. & lead to a recession .
Much confusion comes when we assume that instructions given to the ekklesia – the body of Christ – were instead given to our or any nation’s government. If we were doing what was mandated to us, then government intrusion into many societal issues would have been curbed and/or found unnecessary. It is a government responsibility to take care of it’s own citizens first, and part of that is too secure a stable economy. To require at a minimum reciprocal tariffs, is absolutely appropriate – even I know that and I don’t have an MBA.
We as citizens of the USA, implore You YHVH, for our government to fulfill it’s God-given mandate and for Your church to fulfill it’s God-given mandate, and there be no confusion as to who is responsible for what.
I’m still trying to understand the use of tariffs in regards to manufacturing goods in the US and in foreign countries. President Trump has said that during one the former presidents’ administration–a long time of ago– tariffs were used to bring economic prosperity to our nation, and tariffs are far better than taxation. I am for any other means that is legal, constitutional, and effective to bring growth and prosperity to our economy in place of taxation. We need this burden lifted off of us.
Dear God Almighty,
You are the ONE TRUE GOD! Thank you for President Trump, Vice President Vance and their families. May the Congress and Senate be ruled by Your authority. Create a clean heart in all of them! Reciprocal tariffs and higher ones are fair – may You bless them and restore America to its former glory once more! Thank You in Jesusā name. AMEN! š
I urge everyone to research the connection between the āfree tradeā and the roots of the nationās *opioid overdose epidemic.* So many lives lost due to the trade/manufacturing imbalance and resulting upheavals of local economies throughout the country ā especially in Appalachia.
Add Fentanyl to the mix courtesy of some of our so called most loyal trade partners like China – and the statistics of death are mind numbing and stunning. Please let these stark realities inform your understanding of tariffs and their bigger picture ends.
LORD please open peopleās eyes.
Too many American towns are dead.
Factories gone.
Infrastructure dilapidated.
Generations of families stalled and thousands yes thousands of citizens, especially men – are dead having overdosed on opioids or drink.
We have neglected our own nation while have enriching every other.
And often itās not even the average citizens of those countries benefitting from the lopsided trade, but the privileged, elite few.
This trade war has already claimed casualties, the price has already been paid ā and we are only now starting to fight back. Please let that sober you as you reflect on the bigger picture.
Shame on Kentucky Senators Mitch McConnell and Rand Paul for voting with the Democrats to stall Trumpās Canada tariffs. If any state has suffered from putting America last, itās Kentucky! Poverty and drugs rule the state in far too many places!
As long as they are indeed reciprocal, what is the issue? Just something for the liberal media and the Stock Market to overreact to., as usual. Nothing new here. Lord Jesus, please give President Trump the guidance and wisdom that he needs in the decisions and actions that he makes in ALL aspects of his actions as our national leader. Thank you Jesus.
You are King of all. Guide the President of the U.S.A. as he and his leaders under him continue to deal with all these other countries in trade; as well as striving to deal with our foolish debts that is heavy upon us. Give to them wisdom. Guide them step by step.
I think he has done the right thing. Weāve been ripped off for years.
Father my husband and I travel much. America is still loved by the people. Help Trump make trade fair for all. Correct those who think thos is an attack and seek vengeance. When we must keep America afloat. Without her light in a dark world evil would flourish. America is still the light shinning on a hill. In a world that serves other gods and demonic principlalities. Nowhere are liberty and freedom displayed as in America. Give your son Trump your infilling, wisdom, safety, discernment, love. I thank you for him. In Jesus name Amen
Praying for President Trump, Democratic and Republican party.
A vision to bridge two parties together
Praying for America & Samaritan Purse Universal Missions
Thank You JESUS for Liberation Day
Wonder if this is the wealth of the wicked stored up for the righteous being fulfilled?
Just a random thought, not declaring “Thus says the Lord”
Regardless I believe we are about to see what true ” fair trade” looks like.
President Trump,
Those of us who are aware of the current state of affairs and are cognizant of the deception being worked on the ignorant and unaware in this country are fully behind you in all of your efforts and praise you in your wise selection of JD Vance as Vice President. Thank you and your for your sacrifice of time, effort, and finances. We love you and your family for your efforts in setting this Country free from the Satanic enemy.
O Lord, let us “expect great things from you and attempt great things for you. ” Let us not suppose we are privy to all of your thoughts and plans, but acknowledge that your thoughts and your ways are infinitely higher than ours. Let us ask boldly in faith for you to work mightily and expect you to do even more than what we ask. Amen.