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Donald 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
His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s, before the invention of the automobile, aspirin, and the incan...
From The Atlantic

Read more on News Digest

How we got to Liberation Day: A look at Trump’s past comments on tariffs
President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly accused foreign countries of ripping off the U.S.
Donald Trump declares today 'Liberation Day': What does it mean?
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.
What is 'Liberation Day'? Donald Trump promises reciprocal tariffs on April 2
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."
Even Americans don’t want Trump’s barmy tariffs, writes Douglas Irwin
Mr Trump’s obsession with tariffs has long been known, but he offered a kaleidoscope of ever-changing rationales for them. They would raise revenue, reshore jobs, reduce trade deficits, ensure reciprocity by providing bargaining leverage,
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
Analysis-Mexico free trade with US may survive as Trump spares it from new tariffs, hits rivals
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's global tariffs list,
There Is Only One Way to Make Sense of the Tariffs
Donald Trump celebrated America’s so-called Liberation Day by announcing a slew of tariffs on dozens of countries. His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s,
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
Watch: The UK and US fallout from Trump's tariffs
The BBC's Henry Zeffman and Anthony Zurcher explain the fallout from Donald Trump's global trade tariffs. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports.
USA Today4d
What is Liberation Day? What to know about Trump Liberation Day 2025; when tariffs start
President Donald Trump has declared Wednesday, April 2 "Liberation Day" in the U.S., vowing to follow through on a long-promised plan to shake up the economy. Trump is preparing to roll out this ...
Donald Trump rubs it in, says 'Things are going very well' after worst stock market crash in years following Liberation Day tariffs
US president Donald Trump gave an optimistic outlook for the stock market even after the worst drop on Thursday as US stocks led a worldwide selloff, reported AP. This happened after he announced his Liberation Day tariffs,
The World Economy Is Trapped Inside Donald Trump’s Head
Donald Trump celebrated America’s so-called Liberation Day by announcing a slew of tariffs on dozens of countries. His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s,
USA Today2d
Why is Donald Trump referring to April 2 as 'Liberation Day'? Here's what we know.
President Donald Trump has referred to April 2 as "Liberation Day" since he assumed the nation's highest office in January. Trump is expected to enact reciprocal tariffs on major trading partners ...
How Donald Trump's Trade Tariffs Will Hit The International Film & TV Biz
The world is reeling from Donald Trump's grand tariff announcement, which was positioned by the POTUS as “liberation day.” No nation has escaped the tariffs, which have been mentioned almost daily by Trump since he returned to the White House and are at a 10% baseline,
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Dow plunges more than 1,100 points as Trump’s reciprocal tariffs threaten trade war
President Trump’s “Liberation Day” has been followed by a “Day of Reckoning” on Wall Street. Stocks cratered on Thursday morning — a day after President Donald Trump unveiled a historic batch of reciprocal tariffs that could fuel an all-out trade war and batter economies around the world.
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