Trump announces minimum base tariff of 10% for all countries

President Donald Trump has announced a minimum basic tariff of 10% on other countries to help rebuild the American economy.

This fee will come into effect on April 5.

Trump has presented a large chart labeled "Reciprocal Tariffs," which compares tariffs imposed by other countries on the US against Washington's own taxes.

It displays a 10% tariff on imports from the UK and 20% on imports from the EU.

"They accuse us, we accuse them. How can anyone be upset?" he says.

Among others, he singles out China and the European Union. "They're tearing us apart. It's so sad to see this. It's so pathetic."

Among other things, Trump has not imposed any tariffs on companies that build their products in the US.

"There are no tariffs if you build your product here in America," Trump declared.

The president said he would soon be receiving calls from kings, queens, and ambassadors requesting exemptions from tariffs.

His message to them is: "Cut your tariffs, remove your barriers, stop manipulating your currencies... and start buying tens of billions of dollars of American goods."/ CNA

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