Tariffs putting the squeeze on businesses and consumers while bringing in billions of dollars for the United States government.

U .S. stocks closed markedly lower on Friday, a day after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs report worsened investor jitters, revealing a slowdown of hiring over recent months as Trump's previous tariffs took hold.

Stock markets fall as Donald Trump imposes new tariffs on more than 90 countries - Trump set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39%