Stocks nosedived Thursday after President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.

U.S. stocks opened sharply lower and global stocks slumped after Trump slapped a 10% tariff on most goods imported to the U.S.

Bloomberg reporters answer questions about Trump’s reciprocal tariffs and how governments and markets are reacting.

Donald Trump is expected to announce sweeping across-the-board tariffs on imported goods during a Rose Garden ceremony.

Markets plunge as Trump's tariffs hit major trade partners, sinking stocks. Stay with Newsweek for the latest.

Live updates and the latest news as Democrat wins Wisconsin Supreme Court race, Republicans win House seats in Florida and Trump announces sweeping tariffs on imports.

President Trump said he plans make an announcement about a new round of tariffs today, which he has dubbed "Liberation Day.

President Donald Trump is holding a "Make America Wealthy Again" event, during which he is expected to announce and reveal further details surrounding his "Liberation Day" tariffs that will roll out Wednesday.