President Trump Announces 10% Across-the-Board Tariff on All Imports

P.M. Edition for April 2. President Trump said that the U.S. will impose a 10% tariff on all imports, and even higher rates for some nations, in a series of moves he declared "Liberation Day" for U.S. trade policy. Plus, the U.S. tariffs send a message to companies that the era of globalization is over. Reporter Tom Fairless, who covers the European economy, discusses whether the president’s strategy can work in bringing manufacturing back to the U.S. And WSJ Brazil correspondent Samantha Pearson explains how Brazil may emerge as a winner in the new trade war. Alex Ossola hosts. Trump Tariffs Live Blog  Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices