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.
The sketch show mocked the president's tariffs, saying Make America Wealthy Again would be preceded by the best ever "Great Depression."
Even most apolitical of United States citizens couldn't help but pay attention as Donald Trump placed massive tariffs on the rest of the world this past
Members of Trump’s Cabinet urged Americans not to panic as questions and criticism of tariffs from conservatives and liberals alike picked up steam.
Senior US officials said dozens of countries have contacted the White House seeking to renegotiate new US tariffs. Chip-making Taiwan says it wants to cut tariffs to zero. DW has more.
Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?
Top Trump administration officials are offering mixed messaging on the possibility of negotiating the president’s newly announced tariffs, framing the move as a necessary economic reset and downplaying severe market volatility and uncertainty.
In recent years Vietnam has forged strategic and economic links with the United States, its former foe, making the steep tariff rate all the more of a shock.
Trump had hinted that the auto tariffs could arrive prior to April 2, the day his sweeping "reciprocal tariff" plan is set to begin.