Get all the news you need in your inbox each morning. “You’d start with all countries,” Trump told reporters Sunday night aboard Air Force One. “There’s not a cutoff.”  Trump’s remarks provided clarification on the scope of the tariffs after Treasury Secretary Scott Bessent recently said the 15% of nations with persistent trade imbalances with the U.

President Donald Trump is preparing to announce a sweeping round of new tariffs on imports set to take effect Wednesday, which he has dubbed “Liberation Day.” Details of what could amount to a major escalation in Trump’s global trade war are expected to be released in the coming days.