> And I assume Vietnam, Cambodia, Bangladesh and other countries will hurt for other good that are made cheaply there
Vietnam and Bangladesh would hurt American consumers (clothes). Cambodia not really.
Silver lining, Brazil and Colombia (edit: and the rest of Latin America) are kept at baseline, and Philippines is now the lowest tariff developing Asian economy.
We'll probably see a significant amount of capital returning to Philippines (who saw de-industrialization when South Korea signed their FTA with Vietnam).
> Are those in addition to existing tariffs?
Yes (Edit: not sure now, I'm hearing some say they include the 2017 tariff regime of flat 10% - smh shows how this was just a political ploy that answers for such a critical question are mixed)
(Edit 2: was right initially - thanks u/inverted_flag)
> Yes (Edit: not sure now, I'm hearing some say they include the 2017 tariff regime of flat 10% - smh shows how this was just a political ploy that answers for such a critical question are mixed)
https://xcancel.com/EamonJavers/status/1907540655871521264#m
So 54% on China, and this might not be the end of it as countries will retaliate and Trump might increase them even further.