Becker's Healthcare April 2, 2025
President Donald Trump announced a sweeping set of new tariffs April 2, marking one of the most significant shifts in U.S. trade policy in decades.
Beginning April 5, the U.S. will implement a 10% baseline tariff on all countries. Reciprocal tariffs on imports from dozens of key trading partners will also take effect April 9.
Here are five things to know:
- Chinese imports will be hit with a 34% tariff, India will be subject to a 26% tariff and the European Union will face a 25% tariff. These figures include the 10% base tariff. The reciprocal tariffs reflect roughly half the rate of duties the nations charge on U.S. goods. White House officials also suggested...
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