Russia and North Korea were excluded from Trump's tariff list as neither country engages in meaningful trade relations with the United States.
Aides struggled to satisfy the president’s competing priorities before settling on a plan to both raise revenue and boost corporate onshoring.
The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.
Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.
Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
President Donald Trump is "always up for a good negotiation," the White House said as the administration is gearing up to announce April 2 "Liberation Day" tariffs.
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The president wants to rebalance America’s relationship with the rest of the world. Experts warn of price hikes and a possible recession.
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,
White House press secretary Karoline Leavitt will speak to reporters Tuesday afternoon, a day before President Trump’s tariffs on the Canada, Mexico, China and certain product imports, are