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What are reciprocal tariffs, and why does Trump want to impose them?
President Trump announced reciprocal tariffs today on a number of other countries. Here's what to know about these import taxes.CBS News - 1d -
What you need to know after announcement
The BBC's Michelle Fleury breaks down what the import taxes mean for the US and countries around the world.BBC News - 1d -
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.The New York Times - 1d -
The countries hit hardest by new US tariffs
A 10% rate of import tax will apply globally - with higher rates for a list of Trump's "worst offenders".BBC News - 1d -
Punitive or a gift? How five big economies see new plan
BBC reporters look at how the latest US import taxes are seen in the EU, China, India, the UK and South Africa.BBC News - 1d -
UK chose most ‘disruptive’ date for private schools’ VAT charge, files show
UK chancellor Rachel Reeves dismissed idea of launching tax later in bid to ‘maximise revenue’, Treasury documents revealFinancial Times - 23h -
Apr 3: CBS News 24/7, 10am ET
Stocks plunge as markets react to President Trump's tariffs; IRS warns against taking tax tips from social media.CBS News - 19h -
Tariffs 'hard to come back from', says US pharma boss
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.BBC News - 15h -
4/3: CBS Evening News Plus
World reacts to Trump's mass tariffs; Reporter's Notebook: Senate considers extending Trump tax cuts at a heavy costCBS News - 8h -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 6d -
Trump Says His Tariffs Will Take Effect Wednesday
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.The New York Times - 2d -
'We have to protect this country': Here's what Trump hopes to accomplish with tariffs
In President Donald Trump's second term, he has foregrounded tariffs in a more significant way, but he's been a big proponent of import taxes since the 1980s.CNBC - 1d -
TikTok’s potential Wall Street owners
Plus, private equity groups push to change part of the UK’s proposed carried interest tax and British conglomerate Jardine Matheson begins a new eraFinancial Times - 1d -
What Trump says he's trying to accomplish with tariffs
President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.CNBC - 15h -
What to Know About Trump’s Order to Phase Out Paper Checks
An executive order from President Trump will require government agencies to make electronic payments for tax refunds, Social Security and other benefits as of Sept. 30.The New York Times - 1h -
China fires back at Trump's tariffs with 34% levy on all U.S. imports
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.CBS News - 51m -
Coyote vs Acme: $70m Looney Tunes film to be released after being canned by Warner Bros
Live-action animated film starring John Cena and Will Forte will hit cinemas in 2026, after it was controversially shelved in favour of a $30m tax write-down. For once, things are working out for ...The Guardian - 3d -
Women's team sale pads £128.4m Chelsea profit
Chelsea recorded a pre-tax profit before taxation of 128.4 million pounds ($165.83 million) for the year ending in June despite a fall in revenue thanks to the repositioning of their women's team, ...ESPN - 3d -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 2d -
Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, beautiful bill” encompassing tax cuts, border security and energy ...The Hill - 1d -
Watch live: Trump gives remarks on 'Liberation Day' tariffs
President Trump on Wednesday is set to give a "Make America Wealthy Again" speech Wednesday afternoon, when he is expected to announce additional taxes on certain imported goods, as well as ...The Hill - 1d -
5 things to know about Republicans’ new blueprint to pass Trump's agenda
Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions that could pave the way for more than a trillion dollars in cuts to ...The Hill - 1d -
Trump unveils sweeping new tariff plan
President Trump announced ten percent tariffs on all imports, along with new reciprocal tariffs that will charge half the tax on foreign goods that dozens of countries are charging on American ...NBC News - 1d -
Trump and DOGE Defund Program That Boosted American Manufacturing for Decades
President Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.Wired - 1d -
‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs
The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in Britain. Donald Trump’s tariff “day of liberation” arrived with the ...The Guardian - 1d -
Threats, calls for negotiations in wake of Trump tariffs
Countries around globe have responded to President Trump's latest tariffs with either threats of retaliation or calls for negotiation. Trump on Wednesday imposed a 10-percent base tax on all goods ...The Hill - 1d -
Senate Democrat: Tariffs 'will come back to haunt Donald Trump'
Sen. Richard Blumenthal (D-Conn.) weighed in the latest tariff announcement from President Trump, telling reporters that the new taxes will "come back to haunt" Trump and cause prices to increase. ...The Hill - 1d -
Trump levies tariffs on uninhabited islands
President Trump, as part of his expansive package of new tariffs, levied taxes on a number of uninhabited or sparsely populated islands that have little-to-no exports. The announcement of new ...The Hill - 22h -
Senators introduce bipartisan bill to give Congress more power over tariffs
Senators have introduced bipartisan legislation to grant Congress more power over instituting tariffs on other countries following President Trump’s announcement of wide-ranging taxes on nearly all ...The Hill - 22h -
Why Trump's tariffs are so bad for Big Tech
President Trump’s sweeping new slate of tariffs is poised to strike a blow at the tech industry, as massive import taxes on China and Taiwan disrupt trade flows that are central to tech firms’ ...The Hill - 4h -
Five big questions the GOP's budget plan for Trump leaves unanswered
Senate Republicans are pushing to adopt a budget blueprint this week to kick off a complex process to advance President Trump’s tax agenda. The framework follows weeks of bicameral negotiations ...The Hill - 4h -
Whole Hog Politics: Musk proves elections are awfully hard to buy
On the menu: Tariffs taxed in new poll; Senate Dems get their man in New Hampshire; California primary getting crowded; Peter Navarro, ‘Drumline’ enthusiast; At least he didn’t add Jeffrey ...The Hill - 2h -
China imposing 34 percent tariffs on all US goods
China, in the wake of President Trump's latest tariffs on foreign trading partners, announced Friday it will hit the U.S. with a 34 percent reciprocal tax on imports starting next week. “The US ...The Hill - 2h -
Downing Street says Trump’s tariffs signal ‘new era’ in global economics
No 10 says US president’s decision is ‘disappointing’, as experts warn UK may have to raise taxes in autumn. UK politics live – latest updates Donald Trump’s tariffs signal a new global ...The Guardian - 21m