
US president Donald Trump has announced new sweeping tariffs to be placed upon the country’s imported goods – affecting longstanding trade relationships and inflaming the ongoing global trade war.
The new tariffs include a universal tariff of 10% on almost all imports. This base rate affects the UK, Singapore, Brazil, Australia, New Zealand, Turkey, Colombia, Argentina, El Salvador, the United Arab Amirates and Saudia Arabia. This will go into effect from 5 April 2025.
In response to countries that charge higher tariffs on the importation of US goods or “undermine American economic goals” – which White House officials label as the “worst offenders” – Trump announced specific reciprocal tariffs.
The European Union (EU) is set to face 20% to export goods to the US, while China will be hit with a whopping 54%. Other countries include Vietnam at 46%, Thailand at 36%, Japan at 34%, Cambodia at 49%, South Africa at 30% and Taiwan at 32%. These custom tariffs are expected to go into effect from 9 April 2025.
Impact on products and supply chain
Expectedly, the global textile & apparel industry has been rocked. The supply chain itself, for example, will face abrupt new measures, with
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