White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history.

Get all the news you need in your inbox each morning. “You’d start with all countries,” Trump told reporters Sunday night aboard Air Force One. “There’s not a cutoff.”  Trump’s remarks provided clarification on the scope of the tariffs after Treasury Secretary Scott Bessent recently said the 15% of nations with persistent trade imbalances with the U.

Brace! That’s the only word needed to sum up the feeling around the globe today as everyone gears up for Trump’s Reshape the World Economy Day on Wednesday. Even the Downing Street lobby briefing today saw Number 10 admit they were unsure what was going to happen – a pretty unusual admission.