Liberation Day, Trump and reciprocal tariffs
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Washington Examiner |
President Donald Trump excluded Russia and North Korea from his “Liberation Day” tariffs announcement Wednesday, leaving many wondering why he would discipline allies like the European Union, but not ...
U.S. News & World Report |
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods.
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President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the U.S. But American businesses and financial markets are unlikely to be freed from the uncertainty generated by his often stop-and-go trade policy.
Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.
The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.
The president wants to rebalance America’s relationship with the rest of the world. Experts warn of price hikes and a possible recession.
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Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
The Kremlin was among a handful of countries noticeably exempt from Trump’s decision to slap a 10% baseline tariff on all imports to the US, as well as higher duties on some of its biggest
President Donald Trump is "always up for a good negotiation," the White House said as the administration is gearing up to announce April 2 "Liberation Day" tariffs.
The White House has remained reticent regarding the specifics of the potential tariffs and the countries it plans to target. But these countries could be on the list.