President Trump announced that the United States will hit back at any country that imposes trade barriers on American exports by subjecting them to sweeping “reciprocal” tariffs — an unprecedented move that threatens to upend the global economy,

Liberation Day’ plan puts markets on high alert Trump has arrived at the White House’s Rose Garden to make a highly anticipated announcement, giving his first detailed overview of the reciprocal tariff programme.

Asked if the public should be prepared for a recession, finance minister Paschal Donohoe said it is 'difficult to identify' the scenario Ireland is heading into