White House Confirms Trump's Decision to Impose New Tariffs | Subscribe To Firstpost
The White House confirmed on Tuesday that US President Donald Trump will impose new tariffs on Wednesday, although the exact details regarding the size and scope of these trade barriers are still unknown. Trump has been calling April 2 as the "Liberation Day," promising significant new duties that could disrupt the global trade system. His goal is to match the import duties other countries impose on American goods. He recently met with his top advisors to discuss the new tariffs a day before announcement. Additionally, a 25 percent tariff on the auto industry will take effect on April 3. Countries around the world are preparing for the impact of Trump's upcoming tariff changes.
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