President Donald Trump announced reciprocal tariffs, including a 10% tariff on imported goods from all countries that will go into effect on April 5 and individualized reciprocal tariffs based on trade deficits that will go into effect on April 9. United States-Mexico-Canada (USMCA) goods will be exempt.

China will now have a 54% effective tariff rate. This includes the 34% rate announced on Wednesday plus a 20% rate imposed earlier. Some other trading partner tariffs include:

  • The European Union, 20%
  • Japan, 24%
  • India, 26%
  • The United Kingdon, 10%

Reactions to the tariffs have been mixed.

National Cattlemen’s Beef Association (NCBA) Senior Vice President of Government Affairs said certain trading partners around the world have mistreated American family farmers and ranchers. President Trump is taking action to address numerous trade barriers that prevent consumers from enjoying American beef. NCBA will work with the White House to ensure fair treatment for America’s cattle producers.

International Fresh Produce Association (IFPA) CEO Cathy Burns said she appreciates the administration’s decision to allow the continued trade of specialty crops covered under USMCA. However, IFPA is concerned about the broader application of tariffs on global trading partners. While tariffs are a tool for addressing inequities between trading partners, the broad application of tariffs often disrupts markets, raises consumer costs and places unnecessary strain on growers and producers.

National Farm Union (NFU) President Rob Larew said American family farmers and ranchers will bear the brunt of this global trade war. Without meaningful support and a commitment to fair trade policies, we will lose more family farms and grocery store costs will rise. The administration’s actions will create instability at the expense of family farmers. NFU members urge the administration and Congress to de-escalate trade tensions.

Read more reactions on the reciprocal tariffs here.