Full List: New Trump Tariffs Rock Global Markets and Trade Relations
Trump’s New Tariffs May Trigger Recession, Economists Warn
In a dramatic presentation from the White House Rose Garden, US President Donald Trump unveiled a detailed chart outlining new tariffs and trade barriers affecting a wide range of countries. The chart, which he held aloft during a live press conference, showcased the latest salvo in what is quickly becoming a full-scale global trade war.
While the list included tariffs charged to the US, Trump’s administration expanded the definition to include “trade barriers”—a broader category that includes regulations and non-tariff restrictions—prompting criticism for its lack of precision.
Later in the day, the White House released a longer version of the chart on its official channels, igniting global concern among policymakers and markets alike.
The unveiling of the tariff list follows closely on the heels of sweeping import taxes imposed by the Trump administration, which have already triggered retaliatory moves from several major trading partners, including Canada, China, the EU, and Mexico.
Global investors reacted swiftly. Wall Street posted one of its sharpest declines since the height of the COVID-19 pandemic, and economists are warning of a significant slowdown in global growth if trade tensions continue to escalate.
What’s on Trump’s Tariff List?
The new tariffs could strain relations with key allies. Countries that have previously voiced concerns about unilateral US trade policies are now expected to respond with tariffs of their own. Check out the list as he displayed it.