The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.

President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.

President Trump announced new tariffs, including a 35% reciprocal tariff on China. Dow, S&P 500 and Nasdaq futures tumbled on the news. Follow along for live updates.

The president announced sweeping tariffs on Wednesday in an effort to reset global trading relationships. Here’s what you need to know.

President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods