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Facts (5)
Sources
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org 3 facts
quotePresident Trump stated: “Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agree to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%.”
quoteOn January 26, 2026, President Donald Trump accused South Korea’s legislature of “not living up to its Deal with the United States,” and raised tariffs on imports of autos, lumber, pharmaceuticals, and all other reciprocal tariffs to 25 percent.
accountOn November 14, 2025, President Donald Trump exempted certain agricultural products from reciprocal tariffs due to concerns over affordability.
Transatlantic Trade, the Trump Disruption and the World ... - ECPS populismstudies.org 1 fact
claimDonald Trump implemented variable 'reciprocal' tariffs ranging from 10% to 49% based on an economic explanation of trade imbalances that Doherty (2025) characterizes as flawed.
From Geoeconomics to Trump's Geopolitics - CEBRI cebri.org 1 fact
claimPresident Donald Trump announced a 90-day pause on the imposition of reciprocal tariffs, though a 10% base tariff remains in effect for all countries during this interim period.