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Liberation Day, tariffs

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"Liberation Day," as used by Trump, is not a formal policy proposal but a label for what the president claims is necessary to cut economic "exploitation" of the U.S. by foreign powers.
From Newsweek
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.
From Reuters
Economists expect tariffs to raise prices — it’s the importer paying the tax, not the exporter, after all — and the stock market has been jittery because of it.
From The Hill

Read more on News Digest

What to know about Trump’s ‘Liberation Day’ tariffs: How they work and who they hit
President Donald Trump announced sweeping tariffs on most nations Wednesday, which his administration says will free the United States from relying on other countries for trade. The president has framed these tariffs as “reciprocal” to match trade barriers that other countries impose on products from the U.
Liberation Day: Everything You Need to Know
Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
Uninhabited islands among ‘Liberation Day’ tariff targets
A group of volcanic islands located near Antarctica and whose only inhabitants are colonies of penguins and seals is listed among foreign states subject to U.S. trade tariffs.
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday
U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all
The Latest: Trump set to announce new tariffs in what he calls ‘Liberation Day’
After weeks of White House hype and public anxiety, President Donald Trump is set to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike
Trump’s ‘Liberation Day’ is here
Hey, if the House gets to cancel its work for this week, can we all go home, too? In today’s issue: Trump’s sweeping tariff rollout New report: Musk leaving
Trump’s Day of Reckoning
President Donald Trump said he pushed his so-called Liberation Day from yesterday to today to avoid April Fool’s Day—“because then nobody would believe what I said.” Now, instead of falling on a date devoted to pranks,
Dollar steady as zero hour on Trump's "Liberation Day" closes in
The U.S. dollar fell against major currencies such as the euro, and sterling on Wednesday, while the safe-haven yen tumbled, as traders awaited details of U.S. President Donald Trump's plans for tariffs,
Trump’s ‘Liberation Day’ is unlikely to free businesses from uncertainty surrounding trade policy
President Donald Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the United States.
Treasury Secretary Bessent tells countries not to retaliate after sweeping 'Liberation Day' tariffs
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on 'Special Report.'
Mediaite on MSN1d
‘It’s Recession Day’: Hakeem Jeffries Hammers Donald Trump’s ‘Liberation Day,’ Warns Economy About to Crater
House Minority Leader Hakeem Jeffries (D-NY) dubbed Wednesday "Recession Day" ahead of President Donald Trump's scheduled announcement regarding tariffs. The post ‘It’s Recession Day’: Hakeem Jeffries Hammers Donald Trump’s ‘Liberation Day,
Legit.ng1d
On Mexico-US border, Trump's 'Liberation Day' brings fears for future
As dawn broke over the Mexican-US border on US President Donald Trump's "Liberation Day," Raul Hernandez steered his semi-trailer carrying Toyota pick-up trucks towards California, worried how tariffs would affect him.
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