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And what business executives are saying behind closed doors.
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Trump's plan, introduced this week, proposes a 10 percent baseline global tariff on imported goods, with higher rates for specific countries.
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 Standing in the Rose Garden on Wednesday afternoon to unveil his new reciprocal tariffs, U.S. President Donald Trump again falsely claimed that the U.S. subsidizes Canada by hundreds of billions of dollars every year and misrepresented Canada's tariffs on U.S. dairy products.
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The EU's message is that it is ready to negotiate with the US but at the same time poised to hit back too.
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Mark Carney has vowed to respond to Donald Trump's tariffs with countermeasures and to act "with force."
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 S&P 500, Dow Jones and Nasdaq indexes are all down after U.S. President Donald Trump announced harsher-than-expected tariffs on American trading partners.
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Trump announced new tariffs on goods from all countries yesterday. Economists are worried about the domestic and worldwide impact this could cause. And, TikTok nears its sell-by date.
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U.S. President Donald Trump's aggressive and far-reaching "reciprocal tariffs" were signed into effect on Wednesday, hitting over 180 countries.
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President Trump announced sweeping tariffs on imported goods, which were higher and broader than many expected. The new import taxes are expected to raise prices and slow growth in the U.S., while pushing many other countries into recession.
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The seven largest tech companies saw massive drops in the premarket after President Donald Trump's announcement of global tariffs.
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Prime Minister Mark Carney responded to Trump's tariffs and announced 25% tariffs on all U.S. vehicles not compliant with the United States-Mexico-Canada Agreement.
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Trump's 46% tariff on Vietnam could spike U.S. underwear prices, hitting brands like Skims, Nike and Adidas reliant on Asian manufacturing.
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China said Thursday it would take all "necessary measures" to protect its legitimate interests after it was hit particularly hard by President Donald Trump's sweeping tariffs on U.S. trading partners around the world.
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A table showing all the new US tariffs announced by President Trump on Wednesday
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After US president Donald Trump unveiled his new trade tariffs, BBC sports editor Dan Roan looks at what impact the move could have on the world of sport.
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The global tariffs Trump announced this week include remote territories like Heard and McDonald Islands in the Indian Ocean that don't actually have human populations. Here's what to know about them.
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Other countries vowed to respond after President Donald Trump imposed higher tariffs on imports from much of the world, including many U.S. allies.
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The country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing
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European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they've tried before.
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Countries seeking to sell goods to the United States will now face taxes as high as 54% based on how the White House is calculating duties on U.S. exports.
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The Heard and McDonald Islands, a sub-Antarctic territory of Australia, is on the list of reciprocal tariffs — as is a remote volcanic isle near Greenland.
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The EC president said that Trump's move was a "major blow" to the world economy.
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The president acknowledged that he will face pushback from some, but he urged Americans to trust his instincts.
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President Donald Trump's auto tariffs will most likely be shouldered by American consumers, Chinese auto parts suppliers say.
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