Trump's "liberation day" marks new tariff deadline

Donald Trump has been calling April 2 "liberation day" as a way to promote his upcoming tariffs. He believes this date will be significant for the U.S. economy, as he says the country will start making money from these trade measures. Recently, he mentioned this idea during events, emphasizing how other countries have "ripped off" the U.S. The term "liberation day" was also used during his inaugural address, relating to the start of his presidency. Now, April 2 symbolizes expected increases in tariffs as part of a new trade strategy, according to experts. Many industries could face new duties, including autos, pharmaceuticals, and dairy. A major question remains: will Trump actually impose these tariffs on April 2, or will he extend investigations and delay the deadlines? He has promised that tariffs will be in place on that day, despite concerns about potential economic downturns. Trump's approach to tariffs is viewed as an attempt to change global trade patterns. His team aims to determine a new tariff rate that considers various factors, including foreign taxes not traditionally discussed. Some White House aides believe market uncertainty will decrease once the full details of the tariffs become clear after April 2. They suggest that businesses will soon be able to plan better amid the upcoming changes.