Aides struggled to satisfy the president’s competing priorities before settling on a plan to both raise revenue and boost corporate onshoring.
The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.
President Donald Trump is expected to unveil his Liberation Day tariff plan in the White House's Rose Garden Wednesday in an effort to end decades-long reliance on goods made overseas.
Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,
President Donald Trump will unveil plans to place reciprocal tariffs on nearly all U.S. trading partners on Wednesday.
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The eight-page chart circulated by the White House of countries subjected to President Donald Trump‘s “Liberation Day” tariffs included tiny overseas territories ruled by larger nations and even uninhabited islands near the North and South poles.
Donald Trump's 'Liberation Day' announcement could wipe out the Chancellor Rachel Reeves's economic wriggle room she set out just last week in the Spring Statement