Trump, Liberation Day and tariffs
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Trump unveiled a series of historic tariffs at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" event as part of a day his administration dubbed "Liberation Day" for the ...
From Fox News
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
From The Economist
The 10 percent baseline goes into effect April 5.
From Yahoo
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President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
White House press secretary Karoline Leavitt will speak to reporters Tuesday afternoon, a day before President Trump’s tariffs on the Canada, Mexico, China and certain product imports, are