Skip to main content
Back to White House invokes IEEPA against 185 nations in "Liberation Day" tariffs
55419d8d-7930-4bbc-967a-71c081af039b
Easy
multiple choice

What was the baseline tariff rate for countries with balanced trade?

Explanation

The baseline 10% tariff was applied to many Latin American and Caribbean countries. The United States has a trade surplus with both Argentina and Brazil, so they each received the minimum 10 percent r...

Unlock the full explanation

Get deeper insights with Principle Premium

Upgrade to Premium

This question is part of White House invokes IEEPA against 185 nations in "Liberation Day" tariffs. 5 more questions available.