Trump Liberation Day tariffs to go into effect
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U.S. President Donald Trump has for weeks pegged April 2 as a "Liberation Day" to impose an array of new tariffs that could upend the global trade system, but has provided few details.
From Reuters
Tomorrow is President Trump’s “liberation day”: the moment, we are told, he will announce the substance of his trade policy, especially on reciprocal tariffs.
From The Financial Times
Concerns about the impact of the measures have unsettled markets and reignited fears of a recession in the US.
From BBC
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The Trump administration’s so-called Liberation Day is here with a flurry of tariff-related developments expected this afternoon that should confirm the world has truly entered a global trade war. Less likely,
Donald Trump has dubbed April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
President Donald Trump is expected to unveil his Liberation Day tariff plan in the White House's Rose Garden Wednesday in an effort to end decades-long reliance on goods made overseas.
On Wall Street, the markets have gone through weeks of extreme volatility amidst concerns about what a spike in tariffs will do to the economy. The financial sector, in particular, remains skittish about the exact scope and breadth of what Trump will announce at his pomp and circumstance-filled Wednesday presser.
The dollar firmed a touch and other currencies held tight ranges on Wednesday as traders anxiously awaited details of U.S. President Donald Trump's tariff plans later in the day that could set the tone for markets in the near term.
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9hon MSN
President Donald Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the United States.