President Trump Announces New Reciprocal Tariffs On Dozens Of Nations

REDONDO BEACH, CALIFORNIA - APRIL 3: The Redondo Mitsubishi auto dealership, selling Mitsubishi cars and SUVs, as well as a variety of used cars, on April 3, 2025 in Torrance, California. Car dealers are bracing for the effects of President Trump's newly imposed tariffs, saying the increases that will be attached to new foreign car imports and parts will likely be passed onto consumers, creating greater demand for used cars, that will not have tariff-pricing. (Photo by Jay L Clendenin/Getty Images)