Thursday was the worst day for U.S. stock markets since June 2020. China struck back on Friday, announcing a 34% tariff on American goods as other foreign leaders weigh their response. Meanwhile, Trump's universal 10% levy against all countries went into effect early Saturday.

The sweeping tariff increases of the 1930 Smoot-Hawley Act, widely seen as exacerbating the Great Depression, were soon revisited after a change of government but still “took decades to unwind”, Irwin noted.

The NCLA ’s lawsuit, filed in Florida on April 3rd, does not quarrel with Mr Trump’s declaration of a national emergency concerning fentanyl. But it argues that the IEEPA “does not even mention tariffs” and notes that “no previous president” has turned to the statute to introduce tariffs in its nearly five-decade history.

The massive tariffs that President Donald Trump announced for dozens of trading partners Wednesday were pitched as “reciprocal,” simply aiming to match the tariffs other countries charge the United States.

Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.

Donald Trump’s baseline 10% tariffs come into force. Today, we’re back to tariffs. Now that the Trump administration's baseline 10% import tariffs have come into effect, what comes next for the global,

About 600 people crowded the Pueblo County Courthouse on Saturday, April 5, to protest the actions of President Donald Trump's administration.

He’s tearing this country apart,” one retiree said of the president. “It’s just an administration of grievances.”

Massive protests happening across the country aimed at pushing back against what organizers are calling a quote "Hostile takeover" of American rights and freedoms by President Donald Trump and Elon Musk.