The Trump administration's dozens of reciprocal tariffs will start this month after drawn-out delays.
Why it matters: The tariffs — ranging from 10% to 50% — mark another escalation in President Trump's trade war, as the economy is showing signs of slowing.
Catch up quick: Countries that are not on Trump's Thursday list get a baseline tariff rate of 10%.
Trump raised the levy on Canada to 35% starting Friday. Goods under the United States Mexico Canada Agreement (USMCA), though, are exempt from the high rate.
Mexico's 25% tariff rate was extended for 90 days, also with the USMCA exemption.
Brazil was hit with 50% tariffs after Trump accused its government of "politically motivated persecution" against former President Jair Bolsonaro.
Between the lines: Many countries' tariffs were reset from April rates to 15%, scrapping a formula that economists said was based on an administrative errors.
State of play: Electronics, clothing, accessories and footwear are set to get more expensive based on the new tariff rate, CNN reported.
Trump has promised that the tariffs will bring new wealth and jobs to the U.S.