President Donald Trump introduced his “discounted reciprocal tariffs” on over 200 countries on April 2. Most countries receive a base tariff rate of 10%, but for countries receiving more, the rates were calculated by halving a rate he displayed as “tariffs charged to the U.S.A. including currency manipulation and trade barriers.”

Economists and traders upped their forecasts for Federal Reserve interest rate cuts in wake of President Trump's announcement this week of wide-ranging tariffs. Federal Reserve Ch

The Washington Post reported that Trump's final tariff rates for 185 countries were set just three hours before his announcement.