Trump’s Tariffs Send Shockwaves Across Global Economy

WATCH: Trump speaks during an event in the White House Rose Garden, where he announced his tariff plan.Source: Bloomberg

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By Jennifer A Dlouhy, Catherine Lucey, Josh Wingrove, and Skylar Woodhouse

April 2, 2025 at 8:16 PM UTC

Updated on

April 3, 2025 at 11:04 AM UTC

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President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.