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‘Worst offenders’ around world face import taxes up to 50%

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Natalie ShermanBBC News, New York

City Hall: The main moments of Trump’s ‘Liberation Day’ tariff announcement

President Donald Trump has announced plans for new import taxes for all products entering the United States at the moment of watershed in the world.

This plan sets the standard tariffs for all 10%income that matches the proposal for the campaign last year.

The item of the country, which the White House describes the “worst criminal” including the European Union and China, will face a higher percentage of Trump’s recovery in unfair trade policy.

Trump’s movement is interrupted by decades of US policies that accept free trade, and analysts say the US and the world’s growth rate will be slower.

The White House said that public officials began to claim 10%tariffs on April 5 and will carry out higher duties from April 9.

Trump said in the White House rose garden in the background of the US flag.

He insisted that other countries are using high tariffs and use other trade barriers to US exports.

Republican President said that the United States has been plundered, plundered, raped, and plundered by countries close to both friends and enemies for more than 50 years.

“Today we stood up for American workers and finally left the United States,” he said.

In the campaign trail last year, Trump called for a new tariff. He promised the prosperity of the new era by raising money and promoting manufacturing for the government.

He spent a few weeks of previewing Wednesdays, which captured tariffs on imports of China, foreign cars, steel and aluminum, and 25%of Mexico and some products in Mexico and Canada.

The White House recently said that the latest changes in Mexico and Canada would change nothing.

Trump said other allies will face tariffs, including 10%of the UK and 20%of the European Union.

The tariffs on China’s products will be added to the existing 20%payment, and the increase of 24%in Japan and 26%in India.

The product of South Africa’s Lesoto will be imposed in some of the highest proportions in small countries, along with the products of Southern Africa’s Lesoto for 50%, and 46%and 49%in Vietnam and Cambodia, respectively.

The latter two men have been in recent years since Trump’s first term, followed by a supply chain in China.

According to the White House facts, the standard tariff is applied to more than 100 countries, about 60 of them face higher “mutual” rates.

The White House said the new policy would explain the factors that caused trade imbalances such as the devaluation of monetary evaluation and high value -added taxes (VAT).

Trump also confirmed that 25%of taxes on imports of all foreign cars announced last week will begin at midnight.

He also signed a command to end the duty -free processing of small packages, and repeatedly plans to repeat a separate tariff on certain items exempted from Wednesday’s measures such as copper and pharmaceuticals.

This move will bring effective tariffs to the US for decades in the United States, and can potentially set up the stage of Americans who have a higher price for clothing, European wine, bicycles, toys and thousands of different items.

Gustavo Flores-Macias, a government and public policy professor at Cornell University, called it a “dramatic change” of international trade order that helped the United States to create after World War II.

“We are seeing the system is being released,” he said.

When Trump announced, the stock market closed for transactions.

But it sank rapidly in the aftermarket trading of major US companies.

More than 7%of Apple depends on China and Taiwan, facing 32%tariffs.

Amazon fell more than 6%, while Wal -Mart’s share price fell more than 4%.

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2025-04-02 22:26:00

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