On April 2, 2025, President Donald Trump announced a comprehensive set of tariffs, including a universal 10% duty on all imports and significantly higher rates targeting specific countries—34% on Chinese goods, 46% on Vietnamese goods, 20% on European Union imports, and 49% on products from Cambodia. These sweeping trade measures mark one of the most aggressive shifts in U.S. tariff policy in recent history and are poised to significantly disrupt global supply chains. Businesses across sectors are bracing for increased costs, longer lead times, and a new wave of operational challenges.
