Aides struggled to satisfy the president’s competing priorities before settling on a plan to both raise revenue and boost corporate onshoring.

For nations that treat us badly, we will calculate the combined rate of all their tariffs, nonmonetary barriers and other forms of cheating.” — President Donald Trump, in remarks announcing global tariffs,

After President Donald Trump’s "Liberation Day" sweeping tariffs announcement, for a second day financial markets were in free fall. Today, the Dow Jones dropped just over 2,200 points making it the worst day for the markets since the start of the pandemic.