“Worst criminals” around the world tax on imports up to 50%

President Donald Trump has submitted plans for a wide amount of new taxes on all goods in the US at a turning point for global trade.

The plan sets the base tariff for all imports at least 10%, which is in accordance with the Trump’s proposal made in the company last year.

The subjects from the countries that the White House called “the worst violators”, including the European Union and China, threaten the higher indicators that Trump said there was a payback for unfair trade policy.

Trump’s move has been going on with decades of US policy covering free trade, and analysts have stated that this would probably lead to raising prices in the US and slow growth in the US and worldwide.

The White House said the officials will start chargeing 10% of the tariffs on April 5, and the higher responsibilities starting on April 9.

“This is our declaration of economic independence,” Trump said in the garden of the White House pink house amid the US flags.

He claimed that other countries use the US, chargeing high tariffs and erecting other trade barriers to US exports.

Announcing the national emergency, the Republican president said the US had been “plundered, plundered, raped and looted by the peoples of loved ones and far as friends and enemies.”

“Today we stand for an American worker, and we finally put America first,” he said, calling it “one of the most important days, in my opinion, in American history.”

Last year, on the way of Trump’s company, he called for new tariffs, which he said collected money for the government and increase production, promising a new era of well -being in the United States.

He spent weeks, pre -viewing the announcement on Wednesday, causing other orders to raise tariffs for imports from China, foreign cars, and aluminum and 25% on some products from Mexico and Canada.

The White House said the latest changes would change nothing for Mexico and Canada, two closest trading partners in America.

Other allies will also face tariffs, including 10% for the UK and 20% for the European Union, Trump said.

Tariffs for goods from China will jump by another 34%, adding up to existing 20% ​​fee, while for Japan it will be 24% and 26% in India.

Some of the highest rates will be charged in smaller countries, and goods from the South African Nation will face 50%, while Vietnam and Cambodia will be affected by 46% and 49% respectively.

The last two have seen the rush of investments in recent years when firms have moved supply chains from China after Trump’s first term.

According to the White House, the original tariffs will apply to more than 100 countries, of which about 60 will face a greater “mutual” rate.

The White House said the new policy would explain the factors that, according to them, are also fueled by the imbalance of trade, such as the devaluation of other countries and the high value (VAT) tax.

Trump also confirmed that 25% of the import tax made by foreign cars, which he announced last week, will start from the north.

And he signed an order that stops the treatment without taxes on small packages, repeating the plans to apply certain subjects that were released from actions on Wednesday, such as copper and pharmaceuticals, with separate tariffs.

Together, these steps will bring effective tariff rates in the US at no decades that potentially create the basis for Americans who face higher clothing prices, European wines, bikes, toys and thousands of other items.

Gustavo Flores-Maccos, Professor of Government and State Policy University Cornela, called it a “dramatic transformation” of an international trade order that the United States helped to create after World War II.

“We see how this system solves,” he said.

The stock market was closed for trading when Trump made a statement.

But after the market after the market in major US companies, they sank sharply.

Apple, which greatly relies on China and Taiwan, which is faced with the tariffs by 32%, sank more than 7%.

Amazon fell by more than 6%and stocks in Walmart decreased by more than 4%.