President Trump on Wednesday announced major tariffs, including a 10% baseline tariff for all U.S. trading partners. CBS News reports on what Mr. Trump referred to as "Liberation Day."

President Trump announced reciprocal tariffs on about 60 countries, including China and the European Union. Here's the list.

President Donald Trump has declared Wednesday "Liberation Day," when he is expected to roll out a tariff plan that will emphasize his "America First" mission.

President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.

What Trump ultimately decides to announce on tariffs will be “effective immediately,” White House press secretary Karoline Leavitt said Tuesday. That is logistically dubious, but if that is the case, other nations would have little time to negotiate and could respond by immediately imposing countermeasures such as retaliatory tariffs.

Global markets plummeted after Trump announced sweeping tariffs on all trading partners.Wall Street is already hurting after its worst quarter since 2022 amid tariff whiplash.Gold hit new highs as investors looked for safe havens amid the uncertain impact of an escalating trade war.

Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on 'Special Report.'

President Donald Trump announced reciprocal tariffs and a 25% tariff on car imports on his much-anticipated "Liberation Day" tariff rollout.

Global markets are tense as investors await President Donald Trump's much-anticipated "Liberation Day" tariff announcement.