President Donald Trump on Saturday told followers on his Truth Social platform to “hang tough” in a post reaffirming his administration’s stance on its sweeping “Liberation Day” tariffs which shook markets this week.

Trump has been a proponent of tariffs for many years, a product of his long-held belief that America’s trade deficits mean that other countries are ripping off the United States, even if that’s not how trade deficits work. Countries had months to prepare for Trump’s tariffs, including devising their own menus of retaliatory actions.

Switzerland’s tariffs could be much lower. Bermuda’s could be way higher. And Australia could have no tariffs at all.

As President Donald Trump departed the White House on Thursday afternoon — his first time in public since announcing sweeping new tariffs that have jolted global markets and sparked recession fears — he likened the duties he imposed this week to a successful medical procedure.

Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?

President Trump signs executive order extending TikTok's U.S. operations amid ongoing negotiations and Chinese pushback.

Prime Minister Benjamin Netanyahu will meet on Monday with President Donald Trump in Washington to seek a better tariff deal for Israel and to discuss the war in Gaza, the situation in Syria and the Iranian nuclear program,

The stock market took the biggest hit on Thursday since early COVID-19 times, but President Donald Trump continued on Friday to express confidence in his administration’s large-scale tariff plan. “THIS IS A GREAT TIME TO GET RICH,