Liberation Day, tariffs
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"Liberation Day," as used by Trump, is not a formal policy proposal but a label for what the president claims is necessary to cut economic "exploitation" of the U.S. by foreign powers.
From Newsweek
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...
From Reuters
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President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
President Donald Trump declared that April 2 is Liberation Day in the United States and ordered the establishment of reciprocal tariffs on all imported foreign goods from countries that charge
President Donald Trump says “Liberation Day” is coming. On Wednesday, he plans to roll out a set of tariffs that he promises will free the United States from foreign goods.
Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.
Russia and North Korea were excluded from Trump's tariff list as neither country engages in meaningful trade relations with the United States.
The president is promising widespread, worldwide tariffs to take effect this week but no one is entirely sure what he means by that yet.
As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs,
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on "Special Report."
19hon MSN
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.