Trump announces sweeping new tariffs, upending decades of US trade policy

Donald Trump announced sweeping tariffs on some of the US’s largest trading partners, upending decades of US trade policy and threatening to unleash a global trade war on what he has dubbed ‘liberation day’. The president said he will impose a 10% universal tariff on all imported foreign goods in addition to ‘reciprocal tariffs’ on a few dozen countries, charging additional duties onto countries that Trump claims have ‘cheated’ the US
Trump announces sweeping new tariffs, upending decades of US trade policy