Trump to Announce Immediate Global Tariffs in Historic Policy Shift
The sweeping tariffs, set to be unveiled on April 2, will apply universally to all trading partners, aiming to address perceived unfair trade practices.
- Donald Trump will announce sweeping tariffs on all global trading partners during a White House event on April 2, 2025, at 4 PM EDT.
- The tariffs will take immediate effect following the announcement, with no exemptions for any countries.
- Framed as a move to achieve trade reciprocity, the tariffs reflect the administration's broader protectionist economic agenda.
- Trump has referred to the announcement day as 'Liberation Day,' emphasizing the tariffs as a historic step to reclaim economic fairness for the U.S.
- Economists and global markets are bracing for significant disruptions, including inflationary pressures, retaliatory measures, and supply chain instability.