Global markets reeled Friday after President Donald Trump’s tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven-day deadline before higher duties take effect.

Donald Trump is staking his reputation as a tough negotiator and slick dealmaker -- that has served him well throughout his life -- with his ultra-muscular, protectionist tariffs policy.

The tariff will be a bit less if 20% of the cotton used in garment production is sourced from the USA

Reuters could not immediately verify the report.

How donald trump’s protectionist tariff policy is being put to the test

Trump announced late Thursday that dozens of economies, including the European Union, will face new tariff rates of between 10 and 41 percent.

Here is the full text of his views on the new tariff

The order, according to Reuters, lists higher import duty rates ranging from 10 percent to 41 percent for 69 trading partners

President Donald Trump unveiled an array of import levies that ranged as high as 41 percent on Syria and included a hike on Canadian imports from the current 25 percent to 35 percent

The deal for Dhaka was secured just hours before a midnight deadline set by President Donald Trump

President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial of his far-right ally Jair Bolsonaro, who is accused of attempting a coup in Latin America's biggest economy.

Approximately 85% of Mexican exports comply with the rules of origin outlined in the USMCA

The drug is also prescribed for Parkinson's disease

South Korea has avoided the highest rates, but Brazil, India now face significant new duties

Despite Trump's "medieval" view, global trade continues to expand

Federal Reserve defies Trump, keeps rates unchanged, facing growing dissent

Trump added that an additional unspecified "large sum of money" will be invested by Seoul.

US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump’s wide-ranging tariffs.

New Delhi responds to US tariffs

Trump told reporters his administration will notify some 200 countries soon