#TrumpTariffs On April 2, 2025, President Donald Trump announced a comprehensive tariff strategy termed "Liberation Day," aiming to bolster U.S. manufacturing and address trade imbalances. This plan introduces a baseline 10% tariff on nearly all imported goods, with higher "reciprocal" tariffs imposed on countries with which the U.S. has significant trade deficits. Notable tariffs include 34% on Chinese imports, 20% on goods from the European Union, and varying rates for other