President Trump Announces New Reciprocal Tariffs On Dozens Of Nations

NEW YORK, NEW YORK - APRIL 03: Nike sneakers are seen on display at a Nike store on Fifth Avenue on April 03, 2025 in New York City. U.S. President Donald Trump declared a U.S. economic emergency and announced sweeping tariffs of at least 10%, with rates even higher for 60 countries or those that have a high trade deficit with the U.S. The tariffs will affect electronics, automobiles, clothing and shoes, wines and spirits, and Swiss watches. (Photo by Michael M. Santiago/Getty Images)