Stock markets around the world have opened lower as US President Donald Trump has announced new tariffs on more than 90 countries
An economic adviser to the president says he sees “zero evidence” prices on goods will rise for Americans, but warnings are swirling that tariffs will hit consumers directly
Trump announced higher tariffs for many Canadian goods, but most products are exempted due to a free trade agreement – while Mexico has escaped higher levies for another 90 days
Switzerland, meanwhile, is facing “worse than a worst-case scenario”, our Geneva correspondent reports, as rates have skyrocketed to 39%
The US president is touting tariffs as the answer to trade deficits with other nations, but BBC Verify has found the deficit has only widened
