President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 60 nations.

After considerable delays and widespread market uncertain, President Donald Trump revealed a major new wave of tariffs on April 2.

Trump has vowed to impose “reciprocal tariffs” on all nations that he claims disadvantage American products through trade, tax, or regulatory policy.

The sweeping tariffs President Donald Trump announced Wednesday, combined with his other import levies, likely would plunge the nation and world into a deep recession if he follows through on the plan, economists say.

President Trump is expected to announce the details of his reciprocal tariffs plan after 4 p.m. at the White House.

Tariffs are a tax on imported goods. They generally make affected consumer products more expensive. In theory, well-designed tariffs will also encourage

President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.

U.S. President Donald Trump said he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, drawing defiant responses from leaders and governments around the world.