Photo: C-SPAN
April 2, 2025, WASHINGTON D.C. ~ President Donald Trump announced a comprehensive new tariff plan Wednesday in the White House Rose Garden, dubbing the day “Liberation Day” for American trade.
The plan, which imposes reciprocal tariffs on a wide range of imported goods, aims to bolster domestic manufacturing and reduce the trade deficit. “Today, we take a stand for American workers and businesses,” Trump declared, emphasizing the need to protect U.S. industries from what he described as unfair foreign competition.
April 2, 2025 ~ President Trump announced a sweeping new tariff plan today, calling it “Liberation Day” for American trade and saying that the effort will protect U.S. industries and jobs.
(CONTINUED) The tariffs, set to take effect immediately, will impact imports from several major trading partners, including China, Canada, and Mexico. Key sectors such as automotive, steel, and electronics are expected to see significant changes. The administration argues that these measures will revive American manufacturing and create jobs. “For too long, we’ve allowed other countries to take advantage of us,” Trump said. “Those days are over.”
The announcement has sparked considerable opposition. Critics argue that the tariffs will lead to higher prices for consumers and potential retaliation from affected countries. Economists have also warned that the tariffs could disrupt global supply chains and harm U.S. businesses that rely on imported materials.
Despite the controversy, the administration remains steadfast in its approach. White House Press Secretary Karoline Leavitt defended the plan, asserting that it will ultimately benefit the American economy. “These tariffs are a tool to bring back jobs and ensure fair trade practices,” she said.
The complete executive order is available to read by Clicking Here.
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