President Donald Trump announced sweeping tariffs on most nations Wednesday, which his administration says will free the United States from relying on other countries for trade. The president has framed these tariffs as “reciprocal” to match trade barriers that other countries impose on products from the U.

The Trump administration slapped a 24% tariff on Japan, which follows a 25% tariff placed on all imported automobiles. Japan’s biggest export to the United States is vehicles, and the additional tariffs could place a major economic strain on one of the U.S.’s biggest allies.

President Trump announced reciprocal tariffs on foreign nations, calling it a “Declaration of Economic Independence.” In a speech marking what he dubbed “Liberation Day,” he argued that for decades, foreign nations have exploited American workers and industries,

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.

President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.

President Donald Trump announced 10% reciprocal tariffs on all countries, as well as far higher levies for some trading partners, including China.

What is Liberation Day? Donald Trump will impose a fresh round of tariffs on imports on April 2, and he's calling it the 'big one.'

The White House is exuding confidence despite the political and financial gamble being undertaken. The Budget Lab at Yale University estimates a 20% universal tariff would cost the average household $3,

These are the businesses and industries that are likely most exposed to President Donald Trump’s reciprocal tariffs.