President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.

President Donald Trump declared that April 2 is Liberation Day in the United States and ordered the establishment of reciprocal tariffs on all imported foreign goods from countries that charge

Russia and North Korea were excluded from Trump's tariff list as neither country engages in meaningful trade relations with the United States.

Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.

President Donald Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the United States.

As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs,

The president is promising widespread, worldwide tariffs to take effect this week but no one is entirely sure what he means by that yet.

The Kremlin was among a handful of countries noticeably exempt from Trump’s decision to slap a 10% baseline tariff on all imports to the US, as well as higher duties on some of its biggest

Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.