Trump unveils sweeping global tariffs in watershed moment for world trade | BBC News

Duration: 8:20

Donald Trump has announced sweeping tariffs on countries around the world on what he has called “Liberation Day”. The US President said it was the start of a "golden age" for America. Trump announced that a 25% tariff on all foreign-made vehicles would begin from midnight local time. On other imports, the EU will face 20% tariffs on goods entering the US, while UK goods will face a 10% tariff. Trump said countries would face what he called “reciprocal tariffs” according to what he said they charged on US goods, with a minimum charge - what he called a baseline” - of a 10% tariff. He said China goods would face a tariff of 34% while for India the figure is 26%. Trump said tit-for-tat tariffs would be imposed to counter not just other countries' tariffs but what he called “nonmonetary" barriers like currency manipulation and "pollution havens." Ben Brown presents BBC News at Ten reporting by Sarah Smith, Chris Mason and Faisal Islam. Subscribe here: http://bit.ly/1rbfUog For more news, analysis and features visit: www.bbc.com/news #BBCNews