After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.

Asked if he would be open to pausing the tariffs to allow for negotiations, Trump responded, "We're not looking at that." Trump said the U.S. has "many, many, countries that are c