Trump says April 2 is when US will get money, respect back through tariffs

Apple, AAPL, iPhone could triple in price to $3,500 if they’re made in the US

Former U.S. Rep. George Santos sentenced to 7 years in prison for fraud

One-third of younger millennials received down payment help in the form of a gift or a loan from a friend or relative

China is considering suspending its 125% tariff on some US imports including medical equipment, ethane and plane leasing

President Trump’s tariffs are reshaping U.S. trade policy, disrupting decades of free-trade agreements with both allies and rivals.With just over a week remaining before potentially imposing retaliatory tariffs on all U.S. trade partners, Trump has marked April 2 as "Liberation Day." These tariffs aim to fulfill a key campaign promise while generating revenue ahead of a Republican tax and spending bill.On Friday, Trump hinted at possible "flexibility" in how the tariffs are applied, though he suggested he was reluctant to grant many exemption requests.Current Trade Developments:Steel and Aluminum: A 25% tariff on steel and aluminum imports from all countries took effect on March 12.European Union: The EU has retaliated with counter-tariffs on $28 billion worth of U.S. goods starting in April. However, some duties, including a 50% tariff on American whiskey, have been delayed until mid-April. In response, Trump has threatened a 200% tariff on European spirits.Canada and Mexico: Trump’s 25% tariffs on imports from both neighbors took effect on March 4. Shortly after, the U.S. announced a temporary pause on tariffs for goods and services complying with the United States-Mexico-Canada Agreement (USMCA) until April 2. Canada has responded with new tariffs on $20 billion worth of U.S. goods, and both countries have agreed to new trade negotiations.China: Trump has increased tariffs to around 20% on top of existing 10% duties from his first term. China has responded with up to 15% tariffs on U.S. agricultural products such as chicken and pork, which took effect Monday.