US President Donald Trump announces universal 10% tariffs on all imports into the US will go into effect on 5 April in a watershed moment for global trade. Watch BBC's live covera

An upbeat president confirms the UK will not be spared but the reciprocal duties he is imposing on all UK exports to the US are set at 10%, a lower figure than many had feared.

Stock futures sink as president reveals plans to impose 10% universal levies and higher duties on major partners

The US will impose reciprocal tariffs on China of 34 per cent and hit the EU with a levy of 20 per cent, Donald Trump announced on Wednesday as he detailed new restrictions targeting America’s trading partners.

Despite the president’s false claims, Americans actually pay U.S. tariffs — meaning his “liberation day” announcement is about liberating Americans from their money Billionaire entrepreneur Mark Cuban says he doesn't need a political title to shake up big systems—and if he were ever asked to replace Elon Musk in running the government,

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.

The government will keep pushing for a deal to avoid a "trade war" after US President Donald Trump imposed new tariffs globally, the UK business secretary has said.Trump announced fresh levies on goods coming into his country including 10% on all UK imports and 20% on those from the European Union.

Stephen Phipson, chief executive of Make UK, the manufacturers’ trade body, said: “The US president’s announcement of 10 per cent tariffs on UK goods exported to the United States and 25 per cent tariffs on British-made autos, steel and aluminium is devastating for UK manufacturing.”

Britain's business secretary vowed to take a calm approach to U.S. President Donald Trump's decision to impose import tariffs of 10% on the United Kingdom on Wednesday, as the country attempts to reach an economic deal with Washington.

After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.

The UK has been hit with a 10% tariff on all of its goods being brought into the US, which Trump says is a retaliation to UK tariffs on American goods, but uncertainty remains over the potential impact on British consumers.

Details of Trump's "Liberation Day" tariff plans were still being formulated and closely held ahead of a White House Rose Garden announcement ceremony scheduled for 4 p.m. ET.

We decide our own future.” These are the results so far of President Trump’s threats to abandon NATO allies whose contributions he judges insufficient, his declaration that the European Union was designed “to screw” the United States and his efforts to expand the United States’ land mass.

President Trump on Wednesday announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, as well as higher, "reciprocal" tariffs on nations that impose tariffs on U.

Companies in Northern Ireland sell goods valued at around £1.5bn to the US every year, with a concentration in pharmaceuticals and industrial machinery. Northern Irish goods will be covered by the tariff which Trump has imposed on the UK as a whole.