It is the list on which the global trading partners of the nation did not want to land.
The White House has released its full list of more than 60 countries that have been set to be hit with mutual rates as part of President Donald Trump's plan to make the nation rich again.
All nations are now confronted with 10 percent rates for all imports to the US with the highest at 50 percent.
The other countries, including allies such as Japan (24 percent), South Korea (25 percent) and Groot -Britain (10 percent), plus top competition China (34 percent), are confronted with individualized rates, based on their own national policy calculated by the Trump administration.
“My fellow Americans, this is Liberation Day, we've been waiting for a long time,” said Trump. “Within a few moments I will sign a historical executive order that set mutual rates for countries around the world.”
While Trump spoke, the stock market – with Dow Futures that fell more than 250 points, the S&P 500 fell 100 points and Nasdaq -Futures drips more than 400 points.
The individualized rates will take effect on April 9 at 12:01 pm. In the theory that can make time for negotiation possible, but a senior official of the administration did not advertise that the store was open.
“At the moment we are very, very focused on drawing up the tariff regime,” the officer told reporters.
The rates will not only affect countries, but also companies. Nike makes around 25 percent of his shoes in Vietnam, which is affected with a 'mutual rate' of 46 percent. Adidas also produces in the country. The country makes one third of our footwear.
Countries of the European Union, which Trump has repeatedly accused the US exit, are beaten with a rate of 20 percent.
“For decades, our country has been looted, looted, raped and looted by nations nearby and far, both friend and enemy,” Trump said in his comments from the White House.
The administration called the US trade deficit as the legal justification for the 'national emergency situation' so that Trump can impose the rates.
A reason that goes beyond trade policy for the imbalance: the strong dollar and the strong US economy compared to many of its partners.
Read the full list of Trump rates below:
The White House has released its full list of more than 60 countries that have been set to be hit with mutual rates as part of President Donald Trump's plan to 'rich' the nation again
