Key Takeaways The U.S. has imposed heavy tariffs on a multitude of trading partners around the world, dealing a heavy blow to the system of free trade built in the decades since WWII.The "Liberation Day" tariffs,

This analysis from the CSIS Economics Program and Scholl Chair in International Business unpacks the April 2 tariff announcements from the White House.

It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.