White House considering roughly 20% tariff on most imports, report says

US President Trump continues his aggressive trade policy. He will introduce a system of reciprocal tariffs "for countries all over the world", he said. Imports from the EU will be charged 20 percent of tariffs in the future.

Trump Import Taxes Could Fall Heaviest on the Midwest and Southeast

The Richmond Fed says manufacturers in those regions could bear the brunt of the consequences, with net job losses.

The U.S. President outlines the new taxes he intends to impose on U.S. trading partners on Wednesday, April 2, which he proclaimed to be "the day of the declaration of economic independence".

Trump import taxes could fall heaviest on Midwest and Southeast, Richmond Fed says

By Howard Schneider WASHINGTON (Reuters) – New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing “widespread disruptions” focused on manufacturing industries in Midwestern and Southern states, a new analysis from the Richmond Federal Reserve has concluded. Some working estimates of the result…

MIKEY SMITH: 5 baffling surprises from Donald Trump world in last 24 hours - as he gives bizarre tariff hint - The Mirror

Will Donald Trump really slap 20% tariffs on all goods imported from all countries, pumping inflation in his own country and causing untold chaos on world trade? And what about ...drugs?

Will it impose a one-time 20% tax on imports? Customized customs duties? Answer at 4:00 p.m.