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US imposes reciprocal tariffs on all trading partners except Canada, Mexico

( April 2, 2025, 22:36 GMT | Official Statement) -- MLex Summary: The US has imposed reciprocal tariffs on all of its trading partners except for Canada and Mexico, which are still subject to fentanyl/migration tariffs. Trump also excluded certain goods, including: steel, aluminum and autos/auto parts, which are already subject to Section 232 tariffs; copper, pharmaceuticals, semiconductors and lumber imports; all articles that may become subject to future Section 232 tariffs; bullion; and energy and minerals that are not otherwise available in the United States.Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security...

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