The Washington Post reported that Trump's final tariff rates for 185 countries were set just three hours before his announcement.

President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress.

Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.

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

China said on Friday it will impose reciprocal 34% tariffs on all imports from the United States from April 10.

US President Donald Trump has announced reciprocal tariff on all foreign goods starting April 2025. This move could potentially shake up global trade dynamics. However, experts suggest India may experience minimal impact.

On Friday, Japan's benchmark Nikkei 225 fell by another 3.5%, Australia's ASX 200 was down more than 2%, and Singapore's Straits Times Index was almost 3% lower. South Korean stocks are also losing ground but that appears to be related to the country's constitutional court upholding the impeachment of President Yoon Suk Yeol.

US President Donald Trump on Friday spoke with To Lam, the General Secretary of the Communist Party of Vietnam and said that during the conversation, Lam expressed Vietnam's willingness to reduce its tariffs to zero if an agreement could be reached with the United States.

Here are five curious aspects of what Trump unveiled. In his remarks in the White House Rose Garden, Trump contended that his announcement was about fairness, about imposing tariffs on imports from countries that impose tariffs and other obstacles on American products.