President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.

More than a dozen countries set for US reciprocal tariffs spent the first day of President Donald Trump's tariff rollout not only bracing for the economic fallout but with confusion about exactly what rates they might face.

It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.

President Donald Trump‘s administration swatted down suggestions that his proposed “Liberation Day,” when sweeping tariffs will be unveiled on Wednesday, would lead to a depressed stock market and increased prices for the public.