‘Worst offenders’ around world face tariffs of up to 50%

President Donald Trump has unveiled plans for sweeping new import taxes on all goods entering the US, in a watershed moment for global trade.
The plan sets a baseline tariff on all imports of at least 10%, consistent with a proposal Trump made on the campaign last year.
Items from countries that the White House described as the “worst offenders”, including the European Union, China, Vietnam and Lesotho, would face far higher rates for what the White House described as payback for unfair trade policies.
Trump’s move breaks with decades of American policy embracing free trade, and analysts said it was likely to lead to higher prices in the US and slower growth in the US and around the world.
The White House said officials would start charging the 10% tariffs on 5 April, with the higher duties starting on 9 April.

Courtesy: BBC