US President Donald Trump’s reciprocal tariffs announcement on ‘Liberation Day’ left many confused due to different rates visible in the chart that Trump displayed and the annexure released as part of White House’s executive order.
For example, in the case of India, Trump’s chart displayed a 26% reciprocal tariff, but the White House document showed 27%. This discrepancy was evident for multiple countries.
A discrepancy emerged between the White House annex and Trump’s Rose Garden presentation charts for at least 14 economies. The annex initially showed rates precisely one percentage point higher than those displayed during the announcement.
The White House has now revised the annexure in Donald Trump’s executive order to reflect the new ‘discounted’ tariffs. The White House has revised the annex rates downwards on Thursday to align with the lower figures shown in Trump’s presentation charts.
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The executive order stipulates that all US trading partners begin with a universal 10% tariff from April 5. Those specifically listed in the annex would see their rates increase to specified levels four days afterwards.
Below is the list of 14 countries for which the tariff rates have been revised downwards to reflect the figures in Trump’s display charts:
Initially, the annex listed India at 27% instead of 26%, whilst South Korea shifted between 25% and 26% before settling at 25%. Similar rate fluctuations affected various nations including Botswana, Cameroon, Malawi, Nicaragua, Norway, Pakistan, the Philippines, Serbia, South Africa, Thailand, Vanuatu, and the Falkland Islands.
A White House official confirmed that the rates specified in the annex implementation document would be enforced.
Several overseas territories previously shown in the White House charts with distinct tariff rates from their parent nations were absent from the annex.
Reunion, a French territory in the Indian Ocean, was originally designated for 37% tariffs but was omitted from the formal annex. Similarly, Saint Pierre and Miquelon (French archipelago) and Norfolk Island (Australian territory) were excluded. Their respective parent nations face different rates: 20% for France (as an EU member) and 10% for Australia.
