Reported 1 day ago
As U.S. President Donald Trump prepares to unveil new tariffs on imports, which he refers to as 'Liberation Day,' many details remain unclear ahead of the announcement on April 2. The proposed reciprocal tariffs aim to enhance U.S. independence from foreign goods, possibly raising revenue significantly but raising concerns among economists about resulting higher consumer prices and market instability. While Trump has threatened tariffs on a wide range of products from various countries, the actual implementation and potential retaliations from trading partners could create further trade tensions.
Source: YAHOO