As President Donald Trump implements mass tariffs on other countries, his wife's home nation of Slovenia could see some major disruptions to its steel and aluminum industry. Trump, who imposed 25 percent tariffs on Canada and Mexico in early March, has also enacted a tariff of 25 percent on all global imports of steel and aluminum.

President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.

President Donald Trump dramatically escalated his global trade war by announcing his most sweeping set of tariffs yet on goods from every country that trades with the United States.

Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.

Today is, in President Trump’s telling, “Liberation Day.” For decades, many countries have imposed higher trade barriers on the United States than America does on them. In a Rose Garden event, Trump plans to strike back with tariffs that he claims will be “reciprocal” — ones that merely counter the penalties of other nations.

President Donald Trump has announced plans for sweeping tariffs. He said Wednesday, “Our country has been looted, pillaged, raped, plundered” by other nations. The aggressive rhetoric came as Trump sh

President Trump announced sweeping levies on countries across the world. Washington’s partners have been bracing for the fallout.

Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations. China now faces a tariff well above 50% on many goods.

Sweeping tariffs imposed by President Trump go into effect Thursday. Dozens of countries are facing reciprocal tariffs. CBS News New York's Dick Brennan has the details of the president's plan.