Good evening. I'm Amna Nawaz.

And I'm Jeff Bennett. On the news hour tonight, President Trump announces sweeping new tariffs

that could shake up the U.S. and global economies. Republicans hold on to two key seats in Congress,

but Democrats beat Elon Musk's chosen candidate for the Wisconsin Supreme Court,

what the elections say about voter sentiment.

And how private equities increasing role in health care is affecting patients.

This has happened in many industries, but it is particularly serious when it has moved

into social goods such as health care where people's lives are at stake.

Welcome to the News Hour.

President Trump announced major new global tariffs today, 10% on all imported goods into the U.S.

Anti-escalated trade wars with a second set of sweeping tariffs for about 60 countries. During a speech in the Rose Garden, he also issued retaliatory

tariffs against many countries in response to what he called unfair trade practices, involving

trade barriers and other policies. The rates varied considerably, but were quite high in some cases,

including a 34% tariff on China, 20% for the European Union, 24% for Japan, and 46% for Vietnam.

The president called it an historic day and said the tariffs would revitalize manufacturing in the U.S.

It's our declaration of economic independence.

For years, hardworking American citizens were forced to sit on the sidelines as other nations got rich and powerful,

much of it at our expense.

But now it's our turn to prosper.

Jobs and factories will come roaring back into our country, and you see it happening already. We will

supercharge our domestic industrial base. We will pry open foreign markets and break down

foreign trade barriers.

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