NEW YORK — 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 ...

Import levies announced on 2 April by the US have effectively declared war on global trade protocols as part of President Donald Trump’s dramatic reset. He is overturning the core principles of ...

In 1930, President Herbert Hoover signed the Smoot-Hawley Tariff Act, a protectionist trade measure that imposed 25% duty on all imports. Major trading partners Canada and Europe retaliated.

First, here's a quick summary of the tariff situation. Trump proclaimed April 2 "Liberation Day," suggesting that his tariff announcements represented economic freedom for the U.S. In early March ...

He was there to enact a variety of “reciprocal tariffs” on a host of nations, friends and foes, on what he called “Liberation ... April 2, 2025, will go down “as the most important day ...

That he declared April 2 — the day an aggressive U.S. tariff program is introduced — as “Liberation Day” should come as no surprise; it’s part of the White House’s harsh communication ...

Trump announced his reciprocal import tariffs on April 2, which sent tremors across ... told Cointelegraph. “Liberation Day is basically the peak of that period, the climax of uncertainty.