Donald Trump is calling April 2 2025 “Liberation Day”. For the rest of the world it will just be the day when they discover the details of his latest round of tariffs.
Those tariffs have already become the stand out economic feature of Trump’s second term in the White House. And frankly, it’s been hard to keep track.
There have been tariffs imposed and then lifted, tariffs with exemptions, tariffs on metal and tariffs on wood. Now Trump has announced a 25% tariff on all imported cars to take effect on April 2, when he also plans to reveal his “reciprocal tariffs” on other trading partners.
