Donald Trump announced sweeping tariffs on some of the US's largest trading partners, upending decades of US trade policy and threatening to unleash a global trade war on what he has dubbed 'liberation day'. The president said he will impose a 10% universal tariff on all imported foreign goods in addition to 'reciprocal tariffs' on a few dozen countries, charging additional duties onto countries that Trump claims have 'cheated' the US

Trump announces sweeping new tariffs, upending decades of US trade policy – video
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