The Trump administration is planning to impose a round of fresh tariffs on April 2, a day President Trump has dubbed " Liberation Day. " The announcement is viewed by economists as the culmination of his "America First Trade Policy," an executive order he signed on his first day in office aimed at revitalizing U.S. manufacturing.

The U.S. and global markets have already started to feel the impact of Trump’s tariffs, with the U.S. stock market taking the worst hit thus far. The Wall Street slump and global dip in stocks have sparked fresh fears in economists and concerns as to whether the U.

US stock futures cratered after Trump unveiled his long-anticipated tariffs. Global investors fled everything from oil to Southeast Asia markets.

With President Donald Trump's tariffs taking effect soon, state officials have differing opinions on the outcomes and implications Iowans will face.

As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.

World leaders have a wide range of responses to President Donald Trump's tariffs, with some making threats and others seeking negotiations for better deals.

By Jeff Mason and Andrea ShalalWASHINGTON (Reuters) -He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.

President Donald Trump said tariffs will bring in enough revenue to "make America wealthy again." How does the administration plan to use that money?