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April 02

The world reacts with caution to US 'reciprocal' tariffs against dozens of nations

The reciprocal tariffs announced by U.S. President Donald Trump have initially drawn measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war
April 02
President Donald Trump departs after signing an executive order at an event to announce new tariffs in the Rose Garden of the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Evan Vucci)
April 02

Small business owner reacts to Trump’s trade war

Hendrick Svendsen, owner of My Home Contemporary Furniture, joins ABC News Live to discuss how President Donald Trump’s sweeping tariffs led to his decision to close up shop.
April 02
VIDEO: Small business owner reacts to Trump’s trade war
April 02

Answering your questions about President Trump's vast new tariffs

After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade...
April 02
President Donald Trump holds a signed executive order during an event to announce new tariffs in the Rose Garden of the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Evan Vucci)
April 02

Pres. Trump has announced sweeping new reciprocal tariffs

"These tariffs are going to give us growth like you haven't seen before," President Donald Trump said Wednesday as he unveiled the long-promised, sweeping set of baseline tariffs.
April 02
"These tariffs are going to give us growth like you haven't seen before," President Donald Trump said Wednesday as he unveiled the long-promised, sweeping set of baseline tariffs.
April 02

Stock market closes up ahead of Trump's 'Liberation Day' tariffs

Trump announced the measures after markets closed on Wednesday.
April 02
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on April 1, 2025.
April 02

'We've already seen increased prices,' says Virginia hardware store owner on tariffs

Sarah Pitkin, the owner of Pitkins Home Center in Virginia, joined ABC News Live to talk about the impact tariffs are already having on her family's hardware store.
April 02
VIDEO: 'We've already seen increased prices,' says Virginia hardware store owner on tariffs
April 02

Chevrolet dealership owner optimistic about Trump administration’s tariffs

Duane R. Paddock, owner of Paddock Chevrolet in upstate New York, discusses the anticipated impact of Trump's tariffs on his dealership and the auto industry as a whole.
April 02
VIDEO: Chevrolet dealership owner optimistic about Trump administration’s tariffs
April 02

Tesla deliveries drop 13% amid backlash against CEO Elon Musk

Tesla has faced protests nationwide at car dealerships.
April 02
Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla's "Gigafactory" on March 22, 2022 in Gruenheide, southeast of Berlin.
April 02

US businesses, consumers bracing for impact of Trump tariffs

ABC News’ Jaclyn Lee reports from the Port of Baltimore on the potential impacts from President Donald Trump’s expected tariffs.
April 02
VIDEO: US businesses, consumers bracing for impact of Trump tariffs
April 02

Supreme Court sides with the FDA in its dispute over sweet-flavored vaping products

The Supreme Court has ruled for the Food and Drug Administration in its crackdown on sweet-flavored vaping products following a surge in teen electronic cigarette use
April 02
FILE - The Supreme Court at sunset in Washington, Feb. 13, 2016. (AP Photo/Jon Elswick, File)
April 02

Stock market tumbles ahead of Trump's 'Liberation Day' tariffs

ABC News’ Alexis Christoforous reports on how the stock markets are reacting to President Donald Trump’s upcoming tariffs announcement.
April 02
VIDEO: Stock market tumbles ahead of Trump's 'Liberation Day' tariffs
April 02

Trump tariffs will be ‘very challenging’ for consumers: Analyst

Stephen Kates, a financial analyst at Bankrate, warns against making major financial decisions under pressure as President Donald Trump prepares to announce new tariffs.
April 02
VIDEO: Trump tariffs will be ‘very challenging’ for consumers: Analyst
April 02

Meta is fined by Turkey after refusing to restrict content on Facebook and Instagram

Facebook and Instagram owner Meta Platforms says it has been hit with a hefty fine for resisting Turkish government demands that it limit content
April 02
FILE - The Meta logo is seen at the Vivatech show in Paris, France, on June 14, 2023. (AP Photo/Thibault Camus, File)
April 02

Counting the potential toll of Trump's tariffs on major Asian economies

Export manufacturing and free trade helped transform China and other Asian countries into economic powerhouses
April 02
Vehicles for export park at a port in Pyeongtaek, South Korea, Wednesday, April 2, 2025. (AP Photo/Ahn Young-joon)
April 02

GOP senators push ahead on Trump's tax cuts package and delay big decisions for later

Republican senators are meeting with President Donald Trump at the White House as they push ahead on his tax breaks and spending cuts
April 02
Senate Majority Leader John Thune, R-S.D., joined by Sen. John Barrasso, R-Wyo., the GOP whip, left, talks to reporters at the Capitol, in Washington, Tuesday, April 1, 2025. (AP Photo/J. Scott Applewhite)
April 02

Trump is set to announce 'reciprocal' tariffs in a risky move that could reshape the economy

President Donald Trump is set to launch a barrage of so-called reciprocal tariffs on friend and foe alike
April 02
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
April 01

Stock market today: Asian shares mostly decline ahead of Trump's latest tariffs

Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day
April 01
Wall Street signs are displayed outside the New York Stock Exchange in New York, Wednesday, April 2, 2025. (AP Photo/Seth Wenig)
April 01

Suspected US airstrikes in Yemen kill at least 6 people, Houthi rebels say

Suspected U.S. airstrikes have battered rebel-controlled areas of Yemen, which the Houthis say killed at least six people
April 01
This satellite photo from Planet Labs PBC shows six B-2 stealth bombers parked at Camp Thunder Cove in Diego Garcia on Wednesday, April 2, 2025, as a U.S. airstrike campaign continues against Yemen's Houthi rebels. (Planet Labs PBC via AP)
April 01

MLB's average salary tops $5 million for first time, AP study shows

Major League Baseball’s average salary broke the $5 million barrier on opening day for the first time, according to a study by The Associated Press
April 01
Philadelphia Phillies starting pitcher Zack Wheeler throws in the second inning of an opening-day baseball game against the Washington Nationals, Thursday, March 27, 2025, in Washington. (AP Photo/Nick Wass)
April 01

By The Numbers: Who made Forbes World’s Billionaires List 2025 

A look at the numbers behind the and celebrities who are topping Forbes' list of the richest people in the world this year.
April 01
VIDEO: By The Numbers: Who made Forbes World’s Billionaires List 2025 
April 01

Anger against Trump is forecast to cost the US international visitors

An influential travel forecasting company says anger over the Trump administration’s tariffs and rhetoric will likely cause international travel to the U.S. to fall even further than expected this year
April 01
Toronto residents Douglas Bloomfield, left, and his son Phoenix, right, who are on vacation in Washington, hold a Canadian flag and an ice hockey stick to show their support for Canada regarding trade tariffs as they pose with with another visitor to the city wearing a mask of President Donald Trump in front of the White House in Washington, Thursday, March 13, 2025. (AP Photo/Ben Curtis)
April 01

Here are the options being considered for Trump’s new tariffs: Sources

Trump has promised new tariffs will be announced April 2.
April 01
President Donald Trump speaks to the press aboard Air Force One before arriving at Palm Beach International Airport in West Palm Beach, Fla., March 28, 2025.
April 01

Stocks close mixed as investor await Trump administration's new tariffs

Trump says he'll unveil new tariffs April 2, which he dubbed "Liberation Day."
April 01
VIDEO: Stocks close mixed as investor await Trump administration's new tariffs
April 01

'We will respond': Canada vows retaliatory tariffs if Trump escalates trade war

Trump says he'll unveil new tariffs April 2, which he dubbed "Liberation Day."
April 01
Liberal leader Mark Carney speaks during a campaign stop, April 1, 2025, in Winnipeg, Canada.
April 01

Bankruptcy judge denies J&J settlement plan related to baby powder containing talc

A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve the matter
April 01
FILE - The Johnson & Johnson headquarters is in New Brunswick, New Jersey, on Thursday, Feb. 8, 2024. (AP Photo/Ted Shaffrey, File)
April 01

FDA's top tobacco official removed from post in latest blow to agency's leadership

The Food and Drug Administration’s chief tobacco regulator has been forced out
April 01
FILE - A sign for the U.S. Food and Drug Administration is displayed outside their offices in Silver Spring, Md., Dec. 10, 2020. (AP Photo/Manuel Balce Ceneta, File)
April 01

Judge in long-running lawsuit declines to block the use of Georgia's voting system

A federal judge has declined to block the use of Georgia’s electronic voting system in a long-running lawsuit that alleged that the system is vulnerable to attack and has operational issues that could deprive voters of their constitutional rights
April 01
FILE - Voting machines fill the floor for early voting at State Farm Arena, Oct. 12, 2020, in Atlanta. (AP Photo/Brynn Anderson, File)
April 01

Hooters restaurant chain files for bankruptcy

Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants.
April 01
Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants..
April 01

Europe says it holds a lot of trade cards on the eve of Trump's tariffs

European Commission President Ursula von der Leyen says the EU “holds a lot of cards” when it comes to dealing with the Trump administration’s new tariffs and has a good plan to retaliate if forced to
April 01
European Commission president Ursula von der Leyen addresses European Parliament members on new plans to ramp up defense spending agreed at last week's summit, Tuesday, March 11, 2025 at the European Parliament in Strasbourg, eastern France. (AP Photo/Pascal Bastien)
April 01

Hooters restaurant chain files for bankruptcy protection

Hooters, the U.S.-based restaurant chain known for chicken wings and skimpy wait-staff outfits, has filed for bankruptcy protection
April 01
FILE -Chinese waitresses dressed in orange shorts and t-shirts cheers while welcoming the arriving guests at the Hooters restaurant in Beijing, China, Sept. 10, 2007. (AP Photo/Andy Wong, File)
April 01

Japan's Ishiba says he will push for US auto tariffs exemption

Japan’s Prime Minister Shigeru Ishiba says his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take effect this week
April 01
Japan Prime Minister Shigeru Ishiba speaks during a news conference at the prime minister's office in Tokyo, Japan, Tuesday, April 1, 2025. (Nicolas Datiche/Pool Photo via AP)
April 01

'I bought their dream': How a US company's huge land deal in Senegal went bust

Rusting pipes in a barren field and unpaid workers are what remain after a U.S. company promised to turn a huge piece of land in Senegal — about twice the size of Paris — into an agricultural project and create thousands of jobs
April 01
Union leader Doudou Ndiaye Mboup speaks to reporters in Niéti Yone, northern Senegal, Monday, Dec. 9, 2024. (AP Photo/Jack Thompson)
March 31

US sanctions 6 officials over erosion of Hong Kong autonomy. China threatens to counter

The United States sanctioned six Chinese and Hong Kong officials who it alleged were involved in “transnational repression” and acts that threaten to further erode the southern Chinese city’s autonomy
March 31
FIEL - Raymond Siu Chak-yee, commissioner of police speaks during a press conference to "review the law and order situation of Hong Kong and the work of the police in 2021", at the police headquarters in Hong Kong, on Jan. 27, 2022. (AP Photo/Kin Cheung, File)
March 31

Tennessee Valley Authority, the nation's largest public utility, appoints a new CEO

The Tennessee Valley Authority has promoted one of its top executives to CEO as President Donald Trump has begun turning his attention back to the nation's largest public utility
March 31
FILE - Members of the Tennessee Valley Authority Board of Directors listen to members of the public during a meeting, May 8, 2024, in Nashville, Tenn. (AP Photo/George Walker IV, File)
March 31

Dow and S&P 500 close up, Nasdaq falls as Trump's 'Liberation Day' tariffs loom

The Dow Jones Industrial Average and S&P 500 closed higher on Monday ahead of the expected introduction of President Donald Trump's sweeping tariffs on Wednesday.
March 31
The Dow Jones Industrial Average and S&P 500 closed higher on Monday ahead of the expected introduction of President Donald Trump's sweeping tariffs on Wednesday, measures the president said will impact "all countries."
March 31

'Liberation day' may lead to a recession, experts say. Here's why.

Trump is set to unveil tariffs on April 2, which he has dubbed "liberation day."
March 31
Stacks of lumber are stamped 'Made In USA' and available for sale at Home Depot, Mar. 3, 2025 in Pasadena, Calif.
March 31

Dow and S&P 500 close up, Nasdaq falls as Trump's 'Liberation Day' tariffs loom

Over the weekend, Trump said new tariffs would impact "all countries."
March 31
A currency trader walks by screens showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, on March 31, 2025.
March 31

3 assets that may not diversify as well as you think

Real estate, high-yield bonds, and cryptocurrency don’t always live up to their reputation as portfolio diversifiers
March 31
March 31

Trump's reciprocal tariffs will overturn decades of trade policy

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades
March 31
President Donald Trump waves as he walks down the stairs of Air Force One upon his arrival at Joint Base Andrews, Md., Sunday, March 30, 2025. (AP Photo/Luis M. Alvarez)
March 31

Shohei Ohtani leads MLB jersey sales

Shohei Ohtani has another win to add to his stockpile
March 31
New York Yankees' Aaron Judge walks to first base during the seventh inning of a baseball game against the Milwaukee Brewers, Sunday, March 30, 2025, in New York. (AP Photo/Pamela Smith)
March 31

Why your favorite reality shows like 'Love is Blind' are using songs you actually know

The latest season of “Love Is Blind” featured a ton of popular music in its soundtrack
March 31
This image released by Netflix shows Nick Lachey, left, and Vanessa Lachey host of "Love is Blind" in Los Angeles on April 16, 2023. (Adam Rose/Netflix via AP)
March 31

Cashing in with Elizabeth Schulze: What are tariffs?

ABC News’ Elizabeth Schulze breaks down the history of tariffs in the United States and how they trickle down to impact Americans' wallets.
March 31
VIDEO: Cashing in with Elizabeth Schulze: What are tariffs?
March 31

Yum Brands CEO announces plans to retire in 2026

Yum Brands CEO David Gibbs announced Monday that he plans to retire from the company in the first quarter of 2026
March 31
FILE - A sign hangs at a Taco Bell on May 23, 2014, in Mount Lebanon, Pa. (AP Photo/Gene J. Puskar, File)
March 31

Huawei Technologies says its profit fell 28% while revenue surged in 2024

Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies
March 31
A child rests in a flagship store for Chinese telecoms equipment giant Huawei along the Wangfujing shopping street in Beijing, China, Thursday, March 6, 2025. (AP Photo/Ng Han Guan)
March 31
FILE - A Rocket Companies sign is displayed on the exterior of the New York Stock Exchange, Aug. 6, 2020, in New York. (AP Photo/Mark Lennihan, file)
March 31

Families awaits news of missing workers at site of Bangkok building collapse

When a 7.7 earthquake in Myanmar sent shockwaves into Thailand, Naruemon Thonglek and Chanpen Kaewnoi didn’t immediately hear it also had collapsed a high-rise building under construction in Bangkok, where their friends and families had been working
March 31
A woman reacts after being informed that her husband had died at the site of a collapsed under construction high-rise building in Bangkok, Thailand, Sunday, March 30, 2025. (AP Photo/Sakchai Lalit)
March 31

Mortgage company Rocket buying Mr. Cooper in all-stock deal valued at $9.4 billion

Mortgage company Rocket buying Mr. Cooper in all-stock deal valued at $9.4 billion
March 31
March 31

CEO of fast-fashion brand Primark steps down after allegations of bad behavior

The chief executive of Primark, one of Europe’s biggest fast fashion retailers, has resigned after an investigation into his behavior toward a woman in a social environment
March 31
March 31

Bangkok to review quake safety after collapse of high-rise leaves dozens missing

The governor of Bangkok says authorities are investigating why a high-rise under construction collapsed during an earthquake Friday that otherwise caused limited damage in the Thai capital
March 31
Natthanan Kaewkaiyasit whose husband died in an under-construction high-rise building that collapsed on Friday, cries as she waits to take his body from a mortuary of a police hospital, in Bangkok, Thailand, Monday, March 31, 2025. (AP Photo/Sakchai Lalit)
March 31

European countries resist US push to scrap diversity and inclusion initiatives

U.S. government efforts to eliminate diversity initiatives are not going down well on the European continent
March 31
FILE - People stroll Friday, March 21, 2025 in La Defense business district outside Paris. (AP Photo/Thomas Padilla, file)