The White House took a step forward with President Trump’s plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set levels from 10% to 40% on nearly every global trading partner.

The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25% currently) to rates above 30% on nations from South Africa to Switzerland.

But there's a last minute catch, as nearly all these new rates (except for Canada's) will not go into effect for seven days, instead of a midnight Friday deadline Trump had previously said.

"These modifications shall be effective ... on or after 12:01 a.m. eastern daylight time 7 days after the date of this order," reads the now signed order.