By Jeff Mason and Andrea Shalal WASHINGTON (Reuters) -He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.

President Trump finally announced his long-awaited “Liberation Day” tariff plan: a new 10% minimum tax on all goods entering the United States from overseas plus much-larger-than-expected “reciprocal” levies on imports from major trading partners such as China (34%),

After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.

Secretary of State Marco Rubio is in the heart of the European drama after Trump's tariff announcement, on travel to NATO headquarters in Brussels for a ministerial meeting of the alliance.

Trump's tariffs announcement has companies scrambling as their costs increase. Here's which companies have hinted at raising prices.

Calls for a boycott of American goods and the United States itself have circulated on social media following President Donald Trump's announcement of sweeping tariffs on countries around the world. Trump announced the tariffs on Wednesday,

World leaders have a wide range of responses to President Donald Trump's tariffs, with some making threats and others seeking negotiations for better deals.

As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.