President Donald Trump Announces ‘Liberation Day’ Tariffs

President Donald Trump has been declared “Freedom Day” reciprocal tariffs “Enrich America” ​​in the flower garden in the White House on Wednesday.

Reciprocal tariffs will add new restrictions to countries with US goods. The United States will calculate the “combined rate of all tariffs”, Trump said: Let us know about half of what they charge. “

Trump called him a “kind of interaction.” This is not a “full interaction, but it would be hard for many countries,” he said.

US President Donald Trump, on April 2, 2025, in Washington, DC holds a graph in the White House in the White House in the White House. Photo by Chip Somodevilla / Getty Images)

In the speech, China’s reciprocal tariff, 20% of the EU will face 20% and 24% of Japan. There will also be 10% to the minimum initial tariff.

“We will start to be smart and we will start to be very rich,” Trump said.

Trump said that mutual tariffs will bring the “golden period” when “jobs and factories will return to our country.”

https://www.youtube.com/watch?v=yitfpn6szsu

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Spokesman Caroline Leavitt said the president’s agreement was working on “perfectly” over this week.

There are already 20% to Chinese imports and 20% in certain goods from Canada and Mexico, including tariffs in 20%. NBC states that the IFRD notice broadcast on Wednesday, Starting Trump Administration on Friday at 12:01 Pale and empty aluminum boxes reported 25% tariffs. The 25% tariff for the import of autos and car parts comes into force for entry into force on Thursday.

“There is no tariff if you build plants and products in America,” said Trump.

The United States has hit a record of $ 1.2 trillion last year for trade deficit New York Times Last month, it was reported that it was the largest in China, $ 295.4 billion.

But there are more in the table: last week, Trump said that in exchange for cooperation in the Tiktok deal in the country, he could potentially reduce tariffs in China. This deadline is Friday.

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Will tariffs affect consumers?

Darla Moore, the Economic Department of Economics at the University of South Carolina, can show a tariff for fresh agricultural goods in a few days, for example, a heavy equipment manufacturer in the wallets of consumers may take a few months.

However, some enterprises plan to swallow the price of tariffs.

Laurence Spiewak, Suerte Tequila’s CEO of Suerte Tequila, which is a center-centered company, said the news of NBC.

“Tequila margins are stronger than ever ever,” Fiewak said.

Meanwhile, Bloomberg, the world’s largest retailer, is asking to relieve the effects of suppliers, to reduce the prices of suppliers, to relieve up to 10% consumers for each tour of the tariffs.

This is a broken news story and will be updated.

Related: The approaching trade tariffs will affect the US economy in 2025

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