Liberation Day tariff announcements, April 2, 2025
President Trump on Wednesday announced so-called reciprocal tariffs on imports from about 90 nations. The president is imposing a baseline tariff rate of 10% on countries that will go into effect on April 5.
“For nations that treat us badly, we will calculate the combined rate of all their tariffs, non-monetary barriers and other forms of cheating, and because we are being very kind, we’re a kind people, very kind,” Mr. Trump said. “You’re not so kind when you’re ripped off… We will charge them approximately half of what they are and have been charging us.”
President Donald Trump signed an aggressive and far-reaching “reciprocal tariff” policy at the White House
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