“The worst criminals” around the world face import taxes of up to 50 %

President Donald Trump has revealed plans to collect new import taxes on all goods entering the United States, in the biggest revolution in the matter of international trade since the aftermath of World War II.

His plan determines a basic tariff for all imports of at least 10 %, in line with his feet proposal in the campaign last year.

Its elements of countries that the White House described as “the worst criminals”, including the European Union and China, are facing higher rates of what Trump said was recovery due to unfair commercial policies.

Analysts said that the escalation of Trump’s trade war is likely to lead to the high prices of Americans and slow growth in the United States, while some countries Throughout the world it can sink in stagnation.

But in a Wednesday announcement at the White House, Trump said the maneuver was necessary because he said that the countries were benefiting from the United States by imposing high tariff fees and other commercial barriers.

“It has just dropped a nuclear bomb on the global trading system,” Ken Rojov, the former chief economist of the International Monetary Fund, told the BBC.

The White House said the United States will start shipping definitions by 10 % on April 5, with higher duties for some countries that start on April 9.

“It is the declaration of economic independence,” Trump said in the garden of roses against the background of American flags.

The Republican President, who announced a state of national emergency, announced that the United States for more than five decades “looted, looted, raped and looted by nearby and far nations, both the friend and enemy alike.”

“Today we are defending the American worker and we are in the end we put America first,” he said, describing it as “one of the most important days, in my opinion, in American history.”

On the campaign’s path last year, Trump called for a new tariff he said that it would collect revenues for the government and enhance manufacturing, which is considered a new era of American prosperity.

He spent weeks in the examination of Wednesday’s announcement, which follows other orders to raise the definitions of imports from China, foreign cars, steel, aluminum and 25 % on some commodities from Mexico and Canada.

The White House said the latest changes will not change anything for Mexico and Canada, and they are one of the closest commercial partners in America.

But Trump is that other allies will face a new tariff, including 10 % for the United Kingdom and 20 % for the European Union.

The customs tariff will jump on the goods from China by another 34 %, which increases a 20 % tax, while it will be 24 % for Japan, and 26 % in India.

Some of the highest prices will be imposed on smaller countries, as goods from South Africa face in Lesoto 50 %, while Vietnam and Cambodia will strike 46 % and 49 %, respectively.

The last two have witnessed a rush of investment in recent years, as companies have turned supply chains away from China after the first period of Trump.

The movements will affect together The trillion dollars in trade, which is likely to be the road to US higher prices on European clothes, wine, bikes, games and thousands of other elements.

Oulu Sonola, head of US Economic Research at the Fitch Classification Agency, estimated that measures would bring the US tariff rate to what was present in 1910.

“This is the change of the game, not only for the American economy but for the global economy,” he said.

“Many countries may end in recession.”

The basic definitions will be applied to more than 100 countries, according to the White House Fact newspaper, which will face about 60 countries higher.

Trump described these measures as “mutual” – which intends to take revenge against the current policies in which he says high trade imbalances.

This includes VAT (VAT) or regulations that prevent foods with the effects of some chemicals.

On Wednesday, Trump also signed something that ends the tax -exempt treatment of small beams from China as of May, a step that would harm the Amazon competitors such as Sheen and Timo.

He stressed that a 25 % tax on the imports of all foreign cars, which it announced last week, will start from midnight.

He repeated his plans to strike specific elements that were exempt from Wednesday’s work, such as copper and pharmaceutical preparations, with a separate tariff.

The stock market for trading was closed when Trump released his announcement, which he described as “Liberation Day”.

But in post -market trading shares he sank sharply.

Apple, which relies heavily on China and Taiwan, facing 32 % new American tariffs, sank more than 7 %.

Amazon decreased by more than 6 %, while the shares in Wall Mart decreased by more than 4 %. Nike has decreased more than 6 %.

Dan Eve, an analyst at Wedbush Securities, described the measures as “worse than the worst case.”

But he said he believed that there would be negotiations and exemptions.

Trump rejected concerns about how definitions affect the American economy.

But this step is likely to prove a political test of the administration, which is partially elected to promises to tame prices.

Opinion polls indicate that many Americans do not believe that the customs tariff will help the economy, as Trump argues.

About 48 % of Republicans told a recent survey at Marquit College of Law that they had shared these concerns.

“The promise to generate manufacturing jobs in the United States will not be immediate – if it is fulfilled,” said Gustavo Flores -Macias, Professor of Government and Public Policy at Cornell University.

“The increase in prices is likely to be achieved very quickly.”

He said that Trump’s declaration means that the international trade system, which helped the United States create after World War II, was “collapsing.”