President Donald Trump announced new tariffs, imposing a 10% baseline tax on most imports, with increased rates for nations with trade surpluses. Notable exceptions include Canada and Mexico due to existing agreements.

President Donald Trump announced sweeping 10% tariffs on imports from all countries Wednesday and additional duties targeting about 60 nations, fulfilling a pledge to retaliate against countries he said have treated the U.

President Donald Trump plans to launch sweeping reciprocal tariffs on Wednesday. Though details surrounding Trump's economic policy remain unclear, Trump has promoted his Wednesday announcement as "the big one,

Shares in the US have bounced back, despite tariff fears hitting stocks in Asia and Europe after US President Donald Trump suggested that he was planning import taxes that could hit "all countries". Trump's comments came as he prepares to unveil a massive slate of import taxes on Wednesday,