U.S Liberation Day 2nd April : Trump Tarrifs News , Crypto Market, Bitcoin News, Stock Market Today

President Trump is reportedly considering 20% tariffs on most imports, potentially generating $6 trillion annually, according to The Washington Post . While the proposal is still under review, Trump is set to begin rolling out reciprocal tariffs on Wednesday. Initially expected to be country- and product-specific, the broader plan signals a more aggressive trade stance. Economists warn that rising prices, low consumer sentiment, and ongoing inflation could push the U.S. economy into recession if the policy is implemented.

President Trump’s long-awaited tariffs will be officially announced at 4 p.m. ET today and take immediate effect, the White House confirmed. While global markets saw a rebound ahead of the news, uncertainty remains high. Trump’s plan includes a 25% tariff on imported cars and targets countries like India, the EU, and Japan. Press Secretary Karoline Leavitt said Trump is open to negotiation but firm on “fixing past wrongs.” EU leaders warned of retaliation, while analysts remain split on whether markets will rally or retreat.

The world is tense as US President Donald Trump prepares to announce reciprocal tariffs today, April 2—dubbed “Liberation Day.” The tariffs will take immediate effect once revealed. Tensions escalated after the White House criticized India for its 100% tariff on US agricultural products and pointed out similar barriers in the EU, Japan, and Canada. With India in the spotlight, anticipation is rising globally over which countries will face the brunt of Trump’s latest move in his aggressive trade agenda.

President Donald Trump will officially announce new tariffs at 4 p.m. ET on April 2 during a Rose Garden event titled “Make America Wealthy Again.” According to White House Press Secretary Karoline Leavitt, the tariffs will take effect immediately, with collections starting Thursday. This move is part of Trump’s broader trade strategy tied to his so-called “Liberation Day,” aiming to penalize countries with unfair trade practices and strengthen U.S. economic standing ahead of the 2024 election campaign.

Starting April 2, US President Donald Trump will introduce new tariffs, calling it “Liberation Day” for America. These tariffs are aimed at countries that charge high duties on American products or have strict trade rules that the US sees as unfair. The move is part of Trump’s push to protect American industries and reduce trade imbalances. The White House believes these new measures will help create a fairer playing field for US businesses in the global market.