Donald Trump Tariff Announcement Live : Trump’s ‘Liberation Day’ has arrived, what’s in store for the world

Trump Tariff Live Updates | Trump Reciprocal Tariff Announcement Live Updates - Find here all the live updates related to Trump’s tariff announcements, policies, tariff rates, how it would affect India and other countries when it takes effect on 2 April 2025.

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When & where Trump’s Tariff announcements are expected? US President Donald Trump will announce his tariff plan at 4 PM Eastern Time, April 2 which would be 1:30 AM IST on April 3 for people in India. The event is named ‘Make America Wealthy Again’ and it would take place at the Rose Garden in the White House . When would the tariffs take effect? Immediately.

The collections would begin from Thursday as per reports. ‘Liberation Day’ President Donald Trump says Wednesday (April 2) will be “ Liberation Day ” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods, boost manufacturing and create jobs in the United States . The details of Trump’s next round of import taxes are still sketchy.



If his tariffs are going to be reciprocal, universal or a-la-cartel; there is no clear picture as of now. Most economic analyses say average US families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes. But an undeterred Trump is inviting CEOs to the White House to say they are investing billions of dollars in new projects to avoid the import taxes.

It is also possible that the tariffs are short-lived if Trump feels he can cut a deal after imposing them. At stake are family budgets, America’s prominence as the world’s leading financial power and the structure of the global economy. US President Donald Trump wants to announce import taxes, including “reciprocal” tariffs that would match the rates charged by other countries and account for other subsidies.

Trump has talked about taxing the European Union, South Korea, Brazil and India, among other countries. The details of Trump’s next round of import taxes are still sketchy. Most economic analyses say average US families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes.

President Donald Trump says Wednesday will be “Liberation Day” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods. Comments.