Details of Trump's "Liberation Day" tariff plans were still being formulated and closely held ahead of a White House Rose Garden announcement ceremony scheduled for 4 p.m. ET.
How tariffs work, why they're such a key part of Trump's agenda and the biggest effects from the latest round the president is putting in place.
Key Takeaways President Trump is scheduled to announce new global tariffs on Wednesday afternoon.There is not much information available about the details of the coming tariff policy, and reports suggest that the White House may not have made a final decision.
6mon MSN
President Donald Trump is set to launch a barrage of so-called reciprocal tariffs on friend and foe alike later today.
Live updates and the latest news as Democrat wins Wisconsin Supreme Court race, Republicans win House seats in Florida and Trump announces sweeping tariffs on imports.
The impetus of what President Donald Trump has called “Liberation Day” is clear. He wants to impose sizable tariffs on many imports. That plays into China’s hand.
The move was an apparent bid to ensure that Israel is exempt from new tariffs that President Trump plans to announce on Wednesday.
Senate Republicans are facing pressure Wednesday from President Donald Trump to oppose a Democratic resolution that would nullify the presidential emergency on fentanyl he is using to implement tariffs on Canada.
The U.S. is India's biggest market for auto parts exports, making up almost a third of the $21.2 billion industry in the year ended March 31, 2024.
Canadians are bracing alongside other geopolitical partners as President Donald Trump prepares to unleash his next round of tariffs in what he is calling "liberation day."