Trump announced a range of new tariffs on April 2, his so-called "Liberation Day."He signed an executive order to impose reciprocal tariffs and a 25% tariff on car imports.Some economists warned that uncertainty around the tariffs could strain consumers and businesses.

President Donald Trump on Wednesday unveiled expansive new tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” Trump’s risky bet to address unfair trade practices could send prices higher for American consumers and weaken economic growth,

Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.

Live updates and the latest news as Democrat wins Wisconsin Supreme Court race, Republicans win House seats in Florida and Trump announces sweeping tariffs on imports.

Today is, in President Trump’s telling, “Liberation Day.” For decades, many countries have imposed higher trade barriers on the United States than America does on them. In a Rose Garden event, Trump plans to strike back with tariffs that he claims will be “reciprocal” — ones that merely counter the penalties of other nations.

President Trump on Wednesday announced major tariffs, including a 10% baseline tariff for all U.S. trading partners. CBS News reports on what Mr. Trump referred to as "Liberation Day."

Sweeping tariffs imposed by President Trump go into effect Thursday. Dozens of countries are facing reciprocal tariffs. CBS News New York's Dick Brennan has the details of the president's plan.

Trump's sweeping import tariffs will be a massive tax hike on businesses and consumers and a return to the trade policies of the Great Depression.

President Donald Trump announced 10% tariffs on all imports and tariffs of up to 50% for certain trade partners. Here’s how it will impact Utah businesses.