President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries receive a base tariff rate of 10%, but for countries receiving more, the rates were calculated by halving a rate he displayed as “tariffs charged to the U.S.A. including currency manipulation and trade barriers.”

Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set by 1930's Smoot-Hawley Tariff Act.

The White House’s new tariffs were pegged to amounts it said other countries impose on the U.S. In many cases, those amounts appear to match a basic formula.

Wall Street was betting on a Trump Bump, but sweeping tariffs are threatening an economic slowdown.

Will President Donald Trump’s tariffs push the U.S. — and the rest of the world — into recession? Should I wait and see what happens before buying a home? You face a triple threat: a possible recession,

Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession.

Wall Street was headed for heavy losses and the dollar slumped on Thursday, as investors bet that Donald Trump’s sweeping tariffs would result in pain for the US economy. The US currency fell 2.2 per cent against a basket of rivals by the early UK afternoon,

Donald Trump has chosen to impose a wide range of different tariffs on other countries. But how did he come up with the particular figures? Ben Chu from BBC Verify has been taking a look.

Donald Trump’s “liberation day” tariffs present a severe risk to a US economy that is already rapidly losing momentum, with economists warning of surging prices for households and a growing risk of recession in the wake of the president’s announcements.