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In his Rose Garden announcement of sweeping new “reciprocal tariffs,” President Donald Trump held aloft a misleading chart that claimed to give a breakdown of the tariffs other countries charge the U.S. and the corresponding tariff that the U.S. will now impose against those countries.
“Reciprocal. That means they do it to us and we do it to them,” Trump said in his April 2 speech. “Very simple. Can’t get any simpler than that.”
President Donald Trump holds up the chart as he announces a plan for tariffs on imported goods. Photo by Demetrius Freeman/The Washington Post via Getty Images.
Trump said the U.S. would begin charging a “minimum baseline tariff of 10%” on all imported goods. But he said the U.S. would also tariff countries at a rate equal to half of tariff rates that countries charged for U.S. goods “including currency manipulation and trade barriers.” That, according to Trump’s chart, would mean tariffs of 50% on imports from some countries.