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.

President Donald Trump has described this coming Wednesday as “Liberation Day” as he touts the new taxes on imported goods that his administration plans to unveil on that day. Here’s what it’s looking like currently for the tariff rollout.

The White House says President Trump's trade policy will come to a head on April 2, when the administration unveils a plan for reciprocal tariffs. Why it matters: The new tariff regime will take aim at trading partners that officials believe treat domestic exporters unfairly.

Trump first slapped a 10% blanket tariff on all imports into the U.S., including from uninhabited islands, such as the Heard and McDonald islands, and on places with which the U.S. runs a surplus, such as the U.K.

In his Rose Garden announcement of sweeping new "reciprocal tariffs," President Donald Trump held aloft a misleading chart that claimed to give a breakdown of the tariffs other countries charge the U.

Donald Trump has dubbed April 2 ‘Liberation Day,’ when the US president will enact a series of new reciprocal tariffs.