Dubbing April 2 “Liberation Day,” Trump painted the new tariffs as an end to trade imbalances between other countries and the United States.
“It’s our declaration of economic independence,” Trump said during a midafternoon event in the Rose Garden.
LIBERATION DAY: TRUMP UNVEILS RECIPROCAL TARIFFS AGAINST ALLIES AND ADVERSARIES ALIKE
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The baseline 10% tariff rate imposed on all listed countries will go into effect on April 5 and the higher reciprocal rates will be enacted on April 9. Senior administration officials explained that the delay will allow countries to engage in negotiations with the United States.
Here are the most notable countries that the Trump administration targeted with its tariffs.
Asia China
The Trump administration slapped a 34% tariff on China in response to the
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