Trump 'Liberation Day' Tariffs
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USA TODAY |
Trump has repeatedly called April 2 "Liberation Day."
The Economist |
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
Yahoo |
The 10 percent baseline goes into effect April 5.
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President Donald Trump is gearing up for a big tariff expansion this week after previous trade policies placed on neighboring countries Canada and Mexico had been shelved. Wednesday, April 2, is what Trump has dubbed "Liberation Day,
Bloomberg's Kriti Gupta discusses tariffs that will be implemented by the US on April 2, the day President Donald Trump dubbed as "liberation day."