Knowledge Tree
reciprocal tariff
Also known as: reciprocal tariff rates, reciprocal tariff, reciprocal tariff rate, reciprocal tariffs
Facts (31)
Sources
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org Mar 17, 2026 20 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%.”
measurementOn July 31, 2025, the White House modified Taiwan’s reciprocal tariff rate to 20 percent.
measurementThe White House modified the European Union’s reciprocal tariff rate to 15 percent on July 31, 2025.
measurementOn July 31, 2025, the White House modified India’s reciprocal tariff rate to 25 percent from the 26 percent rate established on April 2, 2025.
claimThe United States agreed to exempt specific products from the reciprocal tariff rate under the U.S.-EU framework, including aircraft and aircraft parts, natural resources unavailable in the United States, and pharmaceutical products.
measurementThe White House modified Cambodia’s reciprocal tariff rate to 19 percent on July 31, 2025, and Cambodia implemented its tariff commitments on August 1, 2025.
claimSouth Korea received exemptions from reciprocal tariffs on select products unavailable in the United States, specifically natural resources, pharmaceutical products, and certain aircraft and parts.
claimThe United States agreed to exempt certain products from reciprocal tariffs under Executive Order 14346 and established a mechanism for zero tariffs on specific textile and apparel goods imported from Bangladesh, contingent on U.S. textile exports.
claimThe notice to modify the reciprocal tariff rate for Bangladesh to 19 percent has not yet been filed in the Federal Register.
measurementOn July 31, 2025, the White House modified the reciprocal tariff rate for Bangladesh to 20 percent, down from the 37 percent rate established on April 2, 2025.
claimThe United States agreed to exempt certain products from the reciprocal tariff in accordance with Executive Order 14346.
quoteBangladeshi National Security Advisor Khalilur Rahman stated: “The reduction of reciprocal tariff will grant further advantage to our exporters, while zero reciprocal tariff on specific textile and apparel exports from Bangladesh using US inputs will give substantial added impetus to our garments sector.”
claimThe United States agreed to exempt specific, yet-to-be-identified products from the reciprocal tariff rate in the Framework for an Agreement on Reciprocal, Fair, and Balanced Trade with North Macedonia, in accordance with Executive Order 14346.
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.
measurementOn July 31, 2025, the White House modified Thailand’s reciprocal tariff rate to 19 percent.
measurementOn July 31, 2025, the White House modified South Korea’s reciprocal tariff rate to 15 percent.
claimJapan agreed to improve market access for cars, trucks, energy, rice, and other unspecified consumer and industrial goods in exchange for exemptions from reciprocal tariffs on select products unavailable in the United States and pharmaceutical products.
claimForeign Minister of North Macedonia Timčo Mucunski stated that the United States will retain a reciprocal tariff of 15 percent on products from North Macedonia, while identifying specific products for which tariffs will be reduced to zero percent.
measurementOn July 31, 2025, the White House modified Malaysia’s reciprocal tariff rate to 19 percent.
U.S. tariff outcomes dependent on trading partner responses dallasfed.org May 13, 2025 3 facts
measurementUnder the reciprocal tariff policy, tariff adjustments varied by country: Canada and Mexico received no adjustments, China received an additional 34 percent increase, and a minimum 10 percent tariff was applied across the board.
measurementThe estimated import-weighted average tariff increase was 41 percentage points, but a subsequent reciprocal tariff policy reduced this to approximately half of that amount.
measurementThe maximum government revenue from tariffs in the United States declines to a 30 percent tariff rate if other countries respond with reciprocal tariffs.
What is Trump's 'America First' trade policy agenda? | Brookings brookings.edu Jan 21, 2026 2 facts
claimThe United States has conditioned relief from reciprocal tariffs on administratively negotiated purchase and investment commitments, reflecting skepticism that market adjustment alone will deliver rebalancing.
claimThe 'reciprocal tariffs' announced in April 2025 were implemented under the International Emergency Economic Powers Act (IEEPA), which grants the U.S. president broad authority to restrict economic transactions in response to declared national emergencies.
Transatlantic Trade, the Trump Disruption and the World ... - ECPS populismstudies.org Jan 20, 2026 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.
The Impact of Trump's Tariffs: A Comprehensive Analysis claconnect.com Feb 23, 2026 1 fact
claimThe Trump administration's initial tariff announcements targeted Canada, Mexico, and China, but later evolved to include reciprocal tariffs on countries globally, affecting a wide range of commodities.
From Geoeconomics to Trump's Geopolitics - CEBRI cebri.org Jul 18, 2025 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.
The Evolution of Tariffs: The United States' Historical Implementation ... thefinplangroup.com Oct 22, 2025 1 fact
claimThe U.S. administration calculates reciprocal tariff rates based on a combination of all tariffs, non-monetary barriers, and other forms of cheating, representing half of what the specific country taxes the United States.
Tariffs: Estimating the Economic Impact of the 2025 Measures and ... richmondfed.org Apr 2, 2025 1 fact
claimThe economic analysis of tariff impacts presented by the Federal Reserve Bank of Richmond does not incorporate proposals to impose reciprocal tariffs or additional tariffs on copper, semiconductors, pharmaceuticals, timber, lumber, and certain agricultural products.
Tracking the Economic Effects of Tariffs | The Budget Lab at Yale budgetlab.yale.edu Mar 2, 2026 1 fact
claimThe US Supreme Court ruling in Learning Resources, Inc. v. Trump struck down all tariffs imposed under the International Emergency Economic Powers Act (IEEPA), including reciprocal, fentanyl, and universal baseline tariff regimes.