Trump's 'Liberation Day' tariffs
Digest more
Top News
Overview
Reactions and opinions
USA TODAY |
Trump's motive is to use tariffs as a way to force other countries to lower their tariffs on U.S. goods and services, to create a more balanced economic playing field for U.S. exports, and to create ...
U.S. News & World Report |
White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, the Washington Post reported on Tuesday.
U.S. News & World Report |
Japan’s Prime Minister Shigeru Ishiba said Tuesday his government is making last ditch efforts to get U.S. President Donald Trump to exclude his country from an increase in auto tariffs due to take e...
Read more on News Digest
More than 100 hours after a powerful 7.7-magnitude earthquake hit Myanmar, search teams rescued a survivor from the rubble in Naypyidaw. As the tired and disheveled man was extricated from the broken slabs of concrete, he and the rescuers received a round of applause. Here’s what else you need to know to Get Up to Speed and On with Your Day .
Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods.
Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would rebalance U.S. trade relationships. Trump's plan for reciprocal tariffs next week, however, is expected to be narrower than he previously vowed, though the plan remains under discussion, sources told ABC News this week.
President Donald Trump is barreling toward a self-imposed April 2 deadline for sweeping tariffs and is threatening additional ones on foreign adversaries this weekend even as he’s expressed openness to making deals.
Wall Street is hoping April 2 will provide clarity on the U.S. tariff front and a reprieve from the recent market volatility.
Explore more
European Commission President Ursula von der Leyen said Brussels has a 'strong plan' to counter US President Donald Trump's long-touted but still-unspecified reciprocal tariffs.
President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said. White House Press Secretary Karoline Leavitt said Monday the announcement would feature “country-based” tariffs.
The impetus of what President Donald Trump has called “Liberation Day” is clear. He wants to impose sizable tariffs on many imports. That plays into China’s hand.