In a Rose Garden ceremony on Wednesday, US President Donald Trump said he intends to immediately sign an order that “mutual tariffs” be charged against US trading partners.

“Our country and its taxpayers have been ripped off for more than 50 years, but it won’t happen anymore,” Trump said, adding that customs beginning at midnight.

The first specific customs announced at the ceremony was a 25% tax on all foreign cars.

Among country -specific tariffs: China will see a rate of 34%, Vietnam 46%, Taiwan 32%South Korea 25%, European Union 20%, Switzerland 31%.

The price of Bitcoin (BTC) originally rose in the early stages of the ceremony, but began to give ground when the tariffs were detailed. The price has been withdrawn to $ 86,000, down approx. 1% from before the messages.

The US stock index futures are thrown, with NASDAQ 100 lower by 2.3% and S&P 500 by 1.7%. Gold, meanwhile, lap higher to a new record mound just under $ 3,200 per day. Ounce.