Roughly 19 minutes into his speech, Trump was handed a rectangular board with a list of countries and regions and the tariffs they charged on America. The reciprocal tariffs US would charge henceforth.

Prime Minister Mark Carney of Canada has announced reciprocal tariffs on U.S.-made vehicles as President Donald Trump's sweeping tariffs went into effect, sending shockwaves through the global financial system.

The fast-worsening trade war between the United States and China — the planet’s premier geopolitical powers, whose economies are intricately entwined — threatens to wreak severe damage on both nations and will send shockwaves worldwide.