President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 60 nations.

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,

It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.

President Donald Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations.

President Donald Trump has launched tariff wars with nearly all of America's trading partners. Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs.

China has accused the United States of "blackmail" after President Trump threatened to slap an extra 50% tariff on Chinese imports. On Monday, Trump gave China until Tuesday to scrap its 34% counter tariff or face an additional 50% tax on goods imported into the US,

In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

China said it would 'fight to the end' after President Donald Trump threatened an additional 50% tariff on Chinese imports

U.S. President Donald Trump on Wednesday abruptly paused part of his tariff assault on global trading partners, dialing back duty rates on goods from many countries for 90 days to allow room to negotiate lower trade barriers,