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Trump imposes ‘Liberation Day’ tariffs on every nation

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CBS News |
Mr. Trump said the goal was to revitalize the industrial and manufacturing base of the U.S., promising that doing so will "make America wealthy again."
Reuters |
Experts say it will take years to rekindle U.S. manufacturing, alter supply chains and bring home production, the goals Republican Trump and his supporters suggest his tariffs will achieve.
U.S. News & World Report |
President Donald Trump just hiked tariffs by an extra 34 percentage points on those goods.

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IT’S LIBERATION DAY IN AMERICA!,” Trump wrote in a 7:06 a.m. EDT post to his Truth Social site, referring to what he previously described as the “BIG ONE,” reciprocal tariffs.
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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.
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Trump announced a range of new tariffs on April 2, which he called "Liberation Day."The total effective tariff rate on Chinese goods now stands at 54%.Economists warned that uncertainty around the tariffs could strain consumers and businesses.
Trump to detail tariffs coming on 'Liberation Day.' We break it down for you
Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
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President Trump is set to reveal his tariff plans as part of a "Liberation Day" ceremony at the White House. Uncertainty over tariffs has roiled financial markets in recent weeks.
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