A chart of U.S. tariffs on Asia-Pacific countries, showing that the new "reciprocal" U.S. tariff rates are significantly higher than the rates in 2024 or the partners' rates on the U.S. in 2024

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*The most favored nation (MFN) tariff rate is an approximation of the U.S. tariff rates on Australia, Japan, Malaysia, South Korea, Thailand, and Vietnam.

Sources: World Trade Organization; White House.