Trump reveals reciprocal tariffs – 10% on all countries; individualised rates of up to 50%; 24% for Malaysia

Trump reveals reciprocal tariffs – 10% on all countries; individualised rates of up to 50%; 24% for Malaysia

Liberation Day has arrived. On Wednesday (April 2, 2025), United States president Donald Trump kept to his word and announced a series of reciprocal tariffs affecting over 180 countries, including Malaysia. These tariffs serve to remedy what Trump calls unfair trade policies imposed by countries, with some set to face higher tariffs for being “worst offenders.”

To kick things off, a 10% baseline tariff will be imposed on all countries beginning April 5. Meanwhile, “worst offenders” are slapped with individualised tariffs that go as high as 50% from April 9. Key trading partners that make up this list include the European Union (20%), China (34%), Vietnam (46%), Thailand (36%), Japan (24%), Cambodia (49%), South Africa (30%) and Taiwan (32%). Malaysia is hit with a 24% tariff, in case you’re wondering.

In a fact sheet posted by the White House, it was revealed that some good will not be subjected to these tariffs. These include steel and aluminium as well as cars and car parts that are already subject to a 25% tariff, with the material tax already active since March 12 while the car-related tariff takes effect on April 3 (local US time).

Canada and Mexico are also not subject to further tariffs, both of which currently facing a 25% tax since March 4. The new reciprocal tariff imposed on China stacks on top of the existing 20% announced earlier, which means the true tariff rate is 54%, CNBC reports.

Click to enlarge

Other goods exempted include copper, pharmaceuticals, semiconductors, lumber, bullion (such as gold and silver), humanitarian aid as well as energy and other certain minerals that are not available in the US.

China and Hong Kong will also no longer enjoy duty-free de minimis treatment come May 2. “Imported goods sent through means other than the international postal network that are valued at or under USD800 (about RM3.6k) and that would otherwise qualify for the de minimis exemption will be subject to all applicable duties,” read a separate fact sheet.

“All relevant postal items containing goods that are sent through the international postal network that are valued at or under USD800 (RM3.6k) and that would otherwise qualify for the de minimis exemption are subject to a duty rate of either 30% of their value or USD25 (RM112) per item (increasing to USD50/RM224 per item after June 1, 2025),” it continued.

Trump noted that the reciprocal rates are not necessarily the only US tariffs that countries will face. We will charge them approximately half of what they are and have been charging us. So, the tariffs will be not a full reciprocal,” he said. The reciprocal tariffs include “the combined rate of all their tariffs, nonmonetary barriers and other forms of cheating,” Trump noted.

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Comments

  • Kea Was on Apr 03, 2025 at 10:25 am

    Guess no thanks to government on both sides and thanks too to those who complains complains criticise criticise then shout shout.

    Like or Dislike: Thumb up 7 Thumb down 0
  • Kariayam on Apr 03, 2025 at 10:27 am

    Imagine voting someone with this level of intelligence as their president, now imagine doing it 2 times. America is going to find out real fast that Asians absolutely do not need them to thrive. We hardly even buy their garbage cars anyway.

    Like or Dislike: Thumb up 20 Thumb down 6
    • awaKL on Apr 03, 2025 at 2:23 pm

      Hope you do realise that when you wake up, go to school/work, come back home and then before you sleep all you use/touch is almost USA licensed products and yes that also include cars even if not their own brand.

      Like or Dislike: Thumb up 8 Thumb down 3
      • Dah Menang Semua on Apr 03, 2025 at 5:15 pm

        Kariayam bro wishes
        a sleeping President
        that remain status quo

        Like or Dislike: Thumb up 1 Thumb down 0
  • Kurious Worm on Apr 03, 2025 at 10:44 am

    wondering how many products from malaysia is actually exported for consumption in the US ?

    Like or Dislike: Thumb up 2 Thumb down 0
    • paanjang16 on Apr 03, 2025 at 1:25 pm

      Boeing door plug is one of them. But to balance out MAG will buy up to 30 new aircraft from Boeing so no excuse for the tariff to be imposed on us.

      Feel like want to change to Airbus or C919 now.

      Like or Dislike: Thumb up 14 Thumb down 1
  • The list is an eye opener. The amount of tariff other countries are charging the US is crazy. And they have the audacity to make noise when Trump is only imposing half of what they imposed.

    Like or Dislike: Thumb up 9 Thumb down 12
    • Mike Tee on Apr 03, 2025 at 3:45 pm

      This is *NOT* a list of reciprocal tariff. The tariff is calculated as follows

      (A) Country X Exports to US
      (B) US Imports from Country X

      ((A – B)/A)/2

      He also excluded services because US exports services so of course they don’t count. Only goods are in the calculation. He is treating ANY trade deficit as “fraud and unfair practice”. And when Country X has a trade deficit with the US, he slammed 10% on just for fun.

      Like or Dislike: Thumb up 7 Thumb down 1
      • The keyword is “Tariff”. Only goods subjected to tariff. Don’t bring non-related subject to discussion.

        Like or Dislike: Thumb up 2 Thumb down 0
      • Dah Menang Semua on Apr 03, 2025 at 5:16 pm

        So Malaysia still
        winning with 47%

        Like or Dislike: Thumb up 0 Thumb down 0
  • Malaysia is very Safe on Apr 03, 2025 at 11:51 am

    There is no replacement for malaysia Lapsap products.
    Same selling Price , if trump want to increase malaysia lapsap seliing price by 24% go ahead. Lapsap products become premuium products

    MAGA

    Like or Dislike: Thumb up 2 Thumb down 2
  • Bangsa Sepet on Apr 03, 2025 at 1:10 pm

    Please PMX do something

    Like or Dislike: Thumb up 1 Thumb down 3
  • john is otak batu on Apr 03, 2025 at 1:28 pm

    47%?!!! PMX y?!!!

    Like or Dislike: Thumb up 3 Thumb down 2
  • Ben Yap on Apr 03, 2025 at 4:28 pm

    PMX always say that Malaysia is sovereign and will not bow to Western pressures. Want to be hero right? Dare to lash back at Trump or kecut?

    Like or Dislike: Thumb up 4 Thumb down 2
  • William Lie Lie DPP hero on Apr 03, 2025 at 10:51 pm

    How dare you slap 32 percentage tariff on Taiwan! Really Mei Guo Ben Dan; Gan Lin Yang

    Like or Dislike: Thumb up 0 Thumb down 0
 

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