Trump has dubbed April 2 'Liberation Day' for his tariffs. Here's what to expect

NEW YORK (AP) — As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday.

Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods.



To do this, Trump has said he'll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products.

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