April 5, 2025
Trump’s universal 10% tariff on UK, Brazil, Singapore and other countries takes effect
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US President Donald Trump’s universal 10% tariff on all goods imports from many of the country’s trading partners is now in effect.
The “baseline” 10% tariff became effective at the stroke of midnight in the eastern US, ushering in a new period in global trade.
The United Kingdom, Brazil, Singapore and many other countries are subject to these 10% levies.
Trump’s tariffs — essentially taxes on foreign imports — have disrupted the global trading order that has been in place since the end of World War II, under which nations traded at mutually agreed rates.
Kelly Ann Shaw, a former White House trade advisor during Trump’s first term, said this week that the move, which she described as the “biggest trade action of our lifetime,” represents “a pretty seismic and significant shift” for trade between the US and its largest partners.
