
Trump Announces ‘Liberation Day’ Tariffs in Rose Garden Speech
Former President Donald Trump is set to unveil a new set of country-based tariffs on April 2, 2025, in a speech at the White House Rose Garden, marking what he calls 'Liberation Day.' This announcement comes as part of Trump's ongoing efforts to reshape U.S. trade policies, aiming to protect American industries from what he perceives as unfair competition.
The specifics of the tariffs remain under wraps, but sources suggest they will target several key nations, potentially escalating trade tensions. Trump's 'Liberation Day' is intended to symbolize a break from what he describes as oppressive trade agreements, promising a new era of economic freedom for the United States.
The event has sparked a flurry of reactions from political and economic analysts, with many questioning the potential impact on global trade dynamics and domestic prices. Critics argue that such tariffs could lead to retaliatory measures from affected countries, while supporters believe they will bolster American manufacturing and job growth.
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What happens on Liberation Day?
Liberation marks the date of either a revolution, as in Cuba, the fall of a dictatorship, as in Syria, or the end of an occupation by another state, as in the Netherlands, thereby differing from original independence day or creation of statehood, while in Italy commemorates the victory of the Italian resistance ...
Is there a way to serve a third term as president?
No person shall be elected to the office of the President more than twice, and no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of President more than once.
When did tariffs start in 2025?
On March 12, 2025, the U.S. imposed 25% tariffs on all imports of steel and aluminum, renewing and increasing tariffs he first enacted in 2018.