Tuesday, June 23, 2026

President Trump unveiled reciprocal tariffs on all imports into the USA making some close allies very unhappy



Trump’s Reciprocal Tariffs. How some United States allies are reacting to the tariff.

ICMS, Inc Reports
By Tom Okure, PhD
_____________________ 

President Trump's “Make America Wealthy Again”
reciprocal trade tariff announcement event

PARA.... President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States on Wednesday. About 60 countries or trading blocs will see even higher rates in an escalating move that is poised to initiate a global trade war. 
PARA
The move also includes specific tariffs on countries with low formal tariff rates but significant trade surpluses with the U.S., including the UK, Australia and Brazil.
______
 United States allies react to President Donald Trump’s Reciprocal Tariffs. Some allies like Canada say they will retaliate, while others like Australia say they will not, saying this is not the act of a friend and partner, but rather seeking to resolve the tariff issue with constructive engagement with the United States administration. Many non-allies like China definitely plan to retaliate.

PARA

According to a chart Trump held up, the U.S. will impose a 34 percent tariff on Chinese imports; 20 percent on goods from the European Union; 25 percent on South Korean products; 24 percent on Japanese imports; and 32 percent on goods from Taiwan.

The 34 percent reciprocal tariff that China will face is in addition to a 20 percent tariff on the country which is already in effect, the White House said.

While announcing the measures, Trump invoked national security powers under a continuing state of emergency to justify the action, circumventing Congressional approval.


PARA...Trump has announced 10% tariffs on imports from any country into the United States, and even higher tariffs for the following 60 trading partners that have a high trade deficit with the US.

 The U.S. had an overall trade deficit of $918.4 billion in 2024, with the largest gaps coming from China ($295.4 billion), the European Union ($235.6 billion), Mexico ($171.8 billion) and Vietnam ($123.5 billion), according to the U.S. Bureau of Economic Analysis​.

Nigeria and Other African Countries

Many African countries that have trading relations with the United States are affected by the tariffs. Nigeria will pay a reciprocal tariff of 14% because it charges the US 27%.
Some African countries, like Madagascar, will pay a high tariff of as 47% because it charges the US 93%. South Africa will pay 30% (demands 60% from the US), 13. Angola will pay 32% for charging the US 63% in tariffs. Tunisia will be assessed 28% because it charges 55% to the US. Algeria demands 59% from the US, so the US reciprocates with a tariff of 30%.; Egypt will pay 10% (demands 10% from US) 21% tariff is imposed on Côte d'Ivoire because it demands 41% from the US. Morocco will pay 10%, and it charges 10% tariffs on the US

PARA Stop here

Botswana – 37% (charges U.S. 74%) 7. Morocco – 10% (charges U.S. 10%) 8. Algeria – 30% (charges U.S. 59%) 9. Nigeria – 14% (charges U.S. 27%) 10. Namibia – 21% (charges U.S. 42%) 11. Ethiopia – 10% (charges U.S. 10%) 12. Ghana – 10% (charges U.S. 17%) 13. Angola – 32% (charges U.S. 63%) 14. Democratic Republic of the Congo – 11% (charges U.S. 22%) 15. Mozambique – 16% (charges U.S. 31%) 16. Zambia – 17% (charges U.S. 33%) 

22. Togo – 10% (charges U.S. 10%) 23. Malawi – 17% (charges U.S. 34%) 24. Liberia – 10% (charges U.S. 10%) 25. Zimbabwe – 18% (charges U.S. 35%) 26. Benin – 10% (charges U.S. 10%) 27. Republic of the Congo – 10% (charges U.S. 10%) 


Link




 Watch how some world leaders, especially US allies. 
  

 

Comments

PARA

President Trump said the new tariffs on U.S. trading partners were "reciprocal," meant to reflect those countries' trade barriers on American goods. He didn't explain how the rates were calculated, but a clearer method appeared later on Wednesday.

According to analysts and later White House clarification, each country's tariff rate was based on the U.S. trade deficit with that country, divided by the value of that country's exports to the U.S. Trump then cut that number in half, saying he was being "kind."

While Trump originally claimed the tariffs would reflect not just trade deficits but also non-monetary barriers and "cheating," experts believe the administration used a quick, simple formula to push the policy through.


_________________

Please feel free to comment and share this blog article with others. Also, check out our videos by subscribing to my YouTube channel at: https://youtube.com/@tom_okure?feature=shared

Thank you!

_________________________

All rights reserved by Tom Okure, Ph.D. CEO of Inter-Continental Mgt. Systems, Inc. (or ICMS Inc.). ICMS, Inc., is a multifaceted business and management consulting firm with its head office in Albany, New York