President Donald Trump said the United States will put at least a 10% tariff on all goods coming into the country, with much higher tariffs for some of America's closest trading partners, in a sweeping move that could revamp global trade and the U.S. economy.

Administration officials and their allies have offered sometimes conflicting messages about the end goal of the tariffs and whether countries can negotiate new rates.

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

Economists told Newsweek it could take years or decades for Americans to know if Trump's tariffs achieved their goals—if they ever do.

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.

Days after announcing the Switch 2, Nintendo said Friday it's delaying preorders for the new console due to President Donald Trump's tariffs, the company announced.

First country retaliates against President Donald Trump's tariff plan. Find out what U.S. goods are hit by Chinese tariffs.

President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers that will likely raise prices for U.S. consumers and threatens to sharply slow the economy this year.

He punishes each country with "reciprocal measures," approximately half of what he calculates each partner or bloc charges the US in tariffs, subsidies, or bureaucratic and tax barriers. On April 2, 2025,