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Trump’s Liberation Day

“You’d start with all countries,” he told reporters aboard Air Force One. “Essentially all of the countries that we’re talking about.”

Trump is set to reveal an ambitious tariff plan on Wednesday, which he has aptly named “Liberation Day.” Having already implemented tariffs on aluminum, steel, and automobiles, as well as significantly increasing levies on all imports from China, he is now poised to take bold action. Trump has announced his intention to introduce a series of reciprocal tariffs targeting countries that impose fees on U.S. exports, promising to match their duties dollar for dollar. In February, Trump took decisive steps by signing a memorandum that directed U.S. trade officials to meticulously assess each nation and create a tailored list of countermeasures. Last week, he hinted at the possibility of recalibrating his approach, suggesting that he might impose tariffs at lower rates in some instances compared to those levied against U.S. goods. This flexible stance demonstrates his willingness to adapt while remaining focused on protecting American interests on the global stage.


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