Donald Trump has announced sweeping tariffs on goods from countries around the world on what he has called “Liberation Day”. The US President said it was the start of a "golden age" for America.
Trump announced that a 25% tariff on all foreign-made vehicles would begin from midnight local time.
On other imports, the EU will face 20% tariffs on goods entering the US, while UK goods will face a 10% tariff.
Trump said countries would face what he called “reciprocal tariffs” according to what he said they charged on US goods, with a minimum charge – what he called a baseline” – of a 10% tariff.
He said Chinese goods would face a tariff of 34% while for India the figure is 26%.
Trump said tit-for-tat tariffs would be imposed to counter not just other countries’ tariffs on US goods but what he called “nonmonetary" barriers like currency manipulation and "pollution havens."
Ben Brown presents BBC News at Ten reporting by Sarah Smith, Chris Mason and Faisal Islam.
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