Treasury Sec. Scott Bessent warned countries to avoid retaliating against US after Trump announced tariffs of at least 10% on all imports into the country.
Trump announced sweeping trade policy changes, introducing what he called “reciprocal tariffs” for all countries and declaring it “Liberation Day in America.”
Australia got off relatively lightly after Trump admin unveiled its “Liberation Day” global tariffs, although Aussie beef exports to US were singled out.
International law firm Milbank reached an agreement with the Trump admin to provide $100 million of pro bono legal services for mutually supported causes.