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Trump, Liberation Day and reciprocal tariffs

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President Donald Trump declared Wednesday will serve as the nation's "Liberation Day," as he is anticipated to enact trade policies emphasizing his "America First" mission, which his administration sa...
From Fox News
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
From Reuters
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...
From Reuters

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What is Trump's new Liberation Day and what to expect April 2?
President Donald Trump has declared Wednesday "Liberation Day," when he is expected to roll out a tariff plan that will emphasize his "America First" mission.
How countries are reacting to Trump’s ‘Liberation Day’ tariff announcements
President Donald Trump's sweeping reciprocal tariffs announcement on Wednesday has several countries taking varied approaches in how to respond.
Key moments and reaction to Trump's "Liberation Day" announcement of new tariffs
Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Watch: The UK and US fallout from Trump's tariffs
The BBC's Henry Zeffman and Anthony Zurcher explain the fallout from Donald Trump's global trade tariffs. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports.
Analysis-Mexico free trade with US may survive as Trump spares it from new tariffs, hits rivals
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's global tariffs list,
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
Donald Trump triggers race to offer US concessions before tariffs hit
Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against China
Wall Street analysts anguish over ‘Liberation Day’
Liberation Day” has quickly turned into Libation Day for many Wall Street analysts, who are being forced to take Donald Trump both seriously and literally. The tariffs announced went far further than anyone had expected.
Trump to announce tariffs today: What to know about White House press conference
President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
How the White House Calculated Its ‘Reciprocal’ Tariffs on Imports
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
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