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The Independent UK
The Independent UK
Alex Woodward

Trump’s ‘liberation day’ is here. What do his tariffs mean for Americans?

Donald Trump is hailing “liberation day in America” before rolling out still-unannounced “reciprocal” tariffs on imported goods shortly after markets close on Wednesday.

It still remains unclear, exactly, what the administration is planning, or how new trade barriers will impact the economy and costs of everyday goods as Americans grapple with an uneasy market and a looming affordability crisis, with an escalating trade war that is expected to have a damaging economic ripple effect.

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