Sunday, November 8, 2026

What will happen on ‘Liberation Day’?

Date:

Trump Reciprocal Tariffs Live: In the past, Trump suggested a 10% tax on all imports. However, he has also talked about increasing tariffs to 20% or even 60% on goods from China.

Trump Reciprocal Tariffs Live: US President Donald Trump will announce new tariffs (taxes on imported goods) on April 2, which will take effect immediately. The next day, April 3, additional tariffs on cars will begin, according to the White House.Trump calls this day “Liberation Day” because he believes these tariffs will help American businesses. Since becoming president on January 20, he has already put high taxes on products from Canada and Mexico, as well as on metals and cars from other countries.

White House Press Secretary Karoline Leavitt said Trump is spending time with his trade advisors to finalise the details. “He is working to make sure this is the best deal for American workers,” she said. The full announcement will come soon.

Leavitt said Trump is open to talking with other governments and business leaders who want lower tariffs. However, she emphasised that he is focused on making sure American workers get treated fairly.

The White House has not given an exact number. In the past, Trump suggested a 10% tax on all imports. However, he has also talked about increasing tariffs to 20% or even 60% on goods from China.

Trump explained his policy simply: “If they charge us, we charge them.”

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Prashant Jain sees 12-15% annual returns from Indian equities over 3-5 years

Question We've had a very painful period for the equity...

Raamdeo Agrawal sees FIIs return as earnings improve and valuations turn attractive

Question Looking at the valuation compression across the market, are...

Stocks to Watch for November 2: Reliance Industries, Jio Platforms, BEL, Vodafone Idea, IOC, M&M and more

From Reliance Industries and Jio Platforms reporting strong quarterly...

Nvidia chief Jensen Huang reportedly targeted in Chinese spy plot | World News

By Jonathan Swan , Maggie Haberman , Ana Swanson...