A ship with cargo is docked at The Port of Oakland in Oakland, Calif., Thursday, April 3, 2025. (Bronte Wittpenn/San Francisco Chronicle via AP)
WASHINGTON (AP) — After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.