News Summary April 3, 2025
Navigating the Trump Tariff Turbulence: A Comprehensive Timeline
In our top story today, we offer a comprehensive update on the tariff timeline including key information released by the White House yesterday afternoon. Chief among these updates is a 25% tariff on all foreign-made automobiles—which took effect on April 3 at 12:00 a.m. ET—a minimum 10% tariff on all countries, effective from April 5, and reciprocal tariffs effective from April 9 and until further notice. We provide a link to the U.S. Trade Representative’s (USTR) reciprocal tariff board, which shows the tariff rates of individual countries, factoring in each country’s monetary tariffs, non-monetary trade barriers, currency manipulation, etc...
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