Watch: Key moments in Trump's 'Liberation Day' tariffs announcement
The US president said universal 10% tariffs would go into effect for all countries starting 5 April.
The US president said universal 10% tariffs would go into effect for all countries starting 5 April.
The president says the US has been "pillaged, raped and plundered" for years by international trade partners.
The UK has been hit with 10% tariffs by the US, but there is uncertainty of the impact of them.