Trump says he's planning more tariffs on April 2, calling it "liberation day." Here's what it means.
CBSN
The Trump administration is planning to impose a round of fresh tariffs on April 2, a day President Trump has dubbed "liberation day." The announcement is viewed by economists as the culmination of his "America First Trade Policy," an executive order he signed on his first day in office aimed at revitalizing U.S. manufacturing.
Mr. Trump has referred to his April 2 tariff announcement as "the big one," suggesting that the plans may be more far reaching than the import levies he's already unleashed on goods from other nations, such as his March 26 declaration of 25% tariffs on vehicles and auto parts imported into the U.S.
"For DECADES we have been ripped off and abused by every nation in the World, both friend and foe. Now it is finally time for the Good Ol' USA to get some of that MONEY, and RESPECT, BACK. GOD BLESS AMERICA!!!" Trump said about his April 2 plans in a post earlier this month on Truth Social.
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