What you need to know
• President Donald Trump signed an executive order that adjusted so-called “reciprocal” tariffs on a slew of countries, with new levies ranging from 10% to 41%.
• Trump told NBC News in a phone interview that he was open to more compelling offers, but it was “too late” for some nations to avoid duties as of next week.
• World leaders have been reacting to the developments.
• A weak jobs report is raising pressure on the White House to blunt potential negative impacts of tariffs.
• Canada, Brazil and Switzerland were hit especially hard with higher rates. Lesotho, Madagascar and the Falkland Islands appear to have gotten a reprieve from previously threatened hikes.
CNBC’s reporters covered the tariffs and their impact, on-air and online from our bureaus in Washington; London; Singapore; San Francisco; and Englewood Cliffs, New Jersey.
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