President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 60 nations.
President Donald Trump is touting April 2 as the day the U.S. gets "money, and respect, back." Here's why he's calling it "Liberation 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. To do this, Trump has said he’ll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products.
In a YouGov poll conducted shortly after Trump’s “Liberation Day” announcement, 51% of respondents said they either strongly (40%) or somewhat (11%) disapproved of the new tariffs. In contrast, about one-third of respondents, 34%, said they either strongly (15%) or somewhat (19%) approve of the new policy.
President Donald Trump has declared Wednesday "Liberation Day," when he is expected to roll out a tariff plan that will emphasize his "America First" mission.
What is Liberation Day? Donald Trump will impose a fresh round of tariffs on imports on April 2, and he's calling it the 'big one.'
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.
12hon MSN
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.
"Liberation Day" is what President Donald Trump is calling the day he announces a new round of tariffs targeting foreign goods.