For instance, Trump said, the U.S. estimated a total trade barrier rate of 67% for China, meaning the U.S. would impose a 34% tariff in response. The U.S. assessed a European Union trade barrier rate of 39%, Trump said, adding that the U.S. reciprocal tariff would register at 20%.

Speaking at the “Make America Wealthy Again” event at the Rose Garden, Trump said reflected on over five decades of what he described as economic exploitation by other nations, and declared that the US would no longer be "ripped off" by foreign countries.

President Trump says his new tariffs will grow the U.S. economy. But how much will this growth plan cost you? What you need to know.

Live updates and the latest news as Democrat wins Wisconsin Supreme Court race, Republicans win House seats in Florida and Trump announces sweeping tariffs on imports.

Invoking the International Emergency Economic Powers Act, Trump declared a national emergency to implement the tariffs.

The new tariffs — coming on what Trump has called “Liberation Day” — is a bid to boost U.S. manufacturing and punish other countries for what he has said are years of unfair trade practices. But by most economists’ assessments, the risky move threatens to plunge the economy into a downturn and mangle decades-old alliances.

American workers and businesses will be put first under President Trump, just as he promised on the campaign trail." TRUMP IS 'ALWAYS UP FOR A GOOD NEGOTIATION,' WHITE HOUSE SAYS, AS APRIL 2 'LIBERATION DAY' TARIFFS LOOMThe White House has kept a tight lip regarding details surrounding Trump's planned tariff announcement,

Donald Trump has announced sweeping new trade tariffs targeting 50 countries including the UK as part of his "Make America Wealthy Again" plan. The UK will face a minimum 10 per cent tariff on goods exported to the United States.

President Donald Trump's unpopular tariffs have caused him to lose support on the economy and turn a winning campaign issue into a political liability.

Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the policy rate by October, as U.S. President Donald Trump announced new tariffs on imports,

Organizers have called for "Hands Off!" protests nationwide to protest against Trump, Musk's DOGE. Here's where in NJ and learn more.