President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.

President Trump announced that the United States will hit back at any country that imposes trade barriers on American exports by subjecting them to sweeping “reciprocal” tariffs — an unprecedented move that threatens to upend the global economy,

Liberation Day’ plan puts markets on high alert Trump has arrived at the White House’s Rose Garden to make a highly anticipated announcement, giving his first detailed overview of the reciprocal tariff programme.