US President Donald Trump is set to announce "Liberation Day" with reciprocal tariffs that will take effect immediately. The exact targets of the tariffs are unclear, but Washington has made the announcement. Dr. Alex Capri, a senior lecturer at NUS Business School, has discussed the pending White House announcement.
https://channelnewsasia.com/watch/nus-business-school-senior-lecturer-alex-capri-upcoming-us-tariff-announcement-5040091US President Donald Trump is set to announce "Liberation Day" tariffs, a move that could impact global trade and markets. The announcement is expected to be made soon, but the exact date and time have not been confirmed yet.
https://www.livemint.com/news/us-news/donald-trump-all-set-to-announce-liberation-day-tariffs-where-to-watch-time-date-and-more-11743603816409.htmlUS President Donald Trump is set to impose reciprocal tariffs on countries that have targeted the US, including India and China, with the move sparking global market jitters. The White House has admitted that details are still being ironed out, despite Mr. Trump's claims of a "very kind" approach. Global markets have been volatile ahead of the announcement, with allies such as Canada and the European Union threatening retaliation. The US tariffs would come into effect immediately after Wednesday's roll-out, potentially leading to a damaging trade war that could drive up prices and cause widespread disruption.
https://www.thehindu.com/news/international/trump-set-to-unleash-liberation-day-tariffs-that-could-trigger-global-trade-war/article69402450.eceUS President Donald Trump is set to unveil sweeping new "Liberation Day" tariffs today, promising to stop America being "ripped off," but keeping the details close to his chest. The move has sparked global markets' jitteriness and concerns about a damaging trade war, with countries like Canada, the European Union, and Vietnam preparing retaliatory measures. Trump's plans have also raised fears of widespread disruption and price increases, with critics warning that US consumers will bear the brunt of the tariffs. The White House Press Secretary confirmed that the tariffs would come into effect immediately after the announcement, and Trump has used tariffs as a foreign policy weapon since his first term, insisting they will bring a "rebirth" to America's manufacturing capacity.
https://www.malaymail.com/news/money/2025/04/02/trump-set-to-unleash-liberation-day-tariffs/171678US President Donald Trump is set to announce a new era of risk for the global economy with the rollout of expansive US trade restrictions, marking the most significant changes in over a century. The move has left investors and officials worldwide uncertain about the implications, as reciprocal tariffs are expected to be imposed on various countries.
https://news.bloomberglaw.com/antitrust/trump-tariff-rollout-opens-new-era-of-risk-for-global-economyUS President Donald Trump is set to announce new tariff plans in a White House Rose Garden announcement later today, which could significantly impact global markets. The euro and sterling are holding steady ahead of the announcement, while the dollar has risen slightly against other currencies. Trump's aides are considering a 20% blanket tariff rate on products from nearly every country, which could accelerate stagflation risk in the US economy. Canadian Prime Minister Mark Carney spoke with Mexican President Claudia Sheinbaum about Canada's plan to counter unjustified trade actions by the US.
https://www.malaymail.com/news/money/2025/04/02/dollar-steady-as-zero-hour-on-liberation-day-tariff-announcement-closes-in/171639US President Trump is set to announce new tariffs on various countries, sparking fears of a damaging trade war that could drive up prices and cause widespread disruption. Critics argue that the tariffs will disproportionately affect US consumers and increase the risk of a recession at home and abroad. Global markets have been jittery ahead of the announcement, with countries such as Canada, the European Union, and Vietnam preparing retaliatory measures. Trump has trailed the details of his plan, initially suggesting matching tariffs with other countries, but keeping the specifics close to his chest. The move is seen as a further strain on relations between the US and its closest allies, particularly on security and defense issues.
https://www.malaymail.com/news/world/2025/04/02/trump-set-to-unveil-liberation-day-tariffs-sparking-fears-of-global-trade-war/171607US President Trump is set to announce new tariffs in the Rose Garden of the White House on Wednesday, promising to stop America from being "ripped off" and deliver a "golden age" for US industry. However, details are still being ironed out with less than 24 hours to go, sparking concerns that consumers will bear the brunt of increased costs. Global markets have been jittery ahead of the announcement, with countries likely to be affected calling for talks and preparing retaliatory measures. The move highlights the growing rift between Trump's America and its closest allies on trade, security, and other issues.
https://www.hurriyetdailynews.com/trump-perfecting-new-tariffs-as-nervous-world-braces-207584US President Donald Trump is set to unveil "Liberation Day" tariffs, which threaten a global trade war. The European Union and Britain are preparing their responses to the move, as markets fell in Europe and America.
https://www.khaleejtimes.com/business/trump-to-unveil-liberation-day-tariffs-as-world-braces-2?utm_source=most-popular-business