Trump announces new tariffs, including a 10% baseline rate, targeting major trading partners, with some exemptions and future considerations.

After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a "declaration of economic independence." - Exclusions - Major US partners Canada and Mexico, however, are not subject to the new tariffs, White House officials said Wednesday.

A fresh “baseline tariff” of 10 percent will apply to economies around the world, with steeper rates tailored to those that Washington deemed as bad a...

Trump is expected to announce sweeping tariffs at a Wednesday Rose Garden ceremony that he’s promoting as “Liberation Day.”