President Donald Trump unveiled his most expansive tariffs to date, saying he will impose a 10% tariff on all trading partners except Canada and Mexico, as well as double-digit tariffs on dozens of other countries.

Trump's tariffs, which he will impose via executive order, are expected to send economic shockwaves around the world. The White House released a list of roughly 100 countries and the tariff rates that the US would impose in kind. Here are the basic elements of the plan.

Trump said the U.S. would calculate a tariff rate for countries based on the levies they impose and “other forms of cheating.” These tariff rates are quite high. China will face a staggering 34 percent tariff, while the E.U. will get 20 percent. Japan will be 24 percent and India 26 percent.