In a major economic move, Donald Trump, the former US president, announced a 10% trade tariff on imports from the UK as part of a sweeping new package aimed at revitalizing the American economy. The announcement was made during a live broadcast from the Rose Garden on Wednesday, April 2, 2025.
New Tariff Strategy: A Global Shift
During the address, Trump unveiled a chart titled “Reciprocal Tariffs” which detailed new tariff rates imposed on several countries. The UK faces a 10% tariff, while the EU will be subject to 20%. Other notable tariffs include:
Trump explained the rationale behind the tariffs, stating:
“They charge us, we charge them. How can anybody be upset? The tariffs will not be a full reciprocal. I could have done that, yes, but it would have been tough for a lot of countries.”
Economic Justification
Trump defended the tariffs as a necessary measure to protect American jobs and industries, asserting that the US had been “looted, pillaged, raped, and plundered by nations near and far” for decades. He argued that the new tariffs would “bring back investment and new plants” and mark the “rebirth of American industry”.
More updates will follow as reactions from international leaders and business sectors continue to emerge.