The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.

The tariffs imposed on China’s exporters will likely be paid by American consumers.

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.

President Donald Trump’s massive tariffs announced on dozens of nations Wednesday were pitched as “reciprocal,” matching what other countries charge the United States dollar for dollar, even taking into account non-tariff barriers like value-added taxes and other such measures.

Taiwan was listed as a country the top of a cardboard sign held up by Trump during his tariff ceremony. But it isn't one, and China is not happy.

The levies are expected to drive up costs for U.S. companies that rely on renewable energy technology from abroad and scramble supply chains worldwide.

President Donald Trump unveiled sweeping 10% tariffs on all imports to the United States Wednesday, but about 60 countries or trading blocs will see even higher rates in an escalating move that is poised to initiate a global trade war.