Mon Mar 31 00:46:48 UTC 2025: ## Trump to Announce Global Reciprocal Tariffs on “Liberation Day”
**Washington D.C., March 31, 2025** – President Donald Trump announced Sunday that his upcoming “Liberation Day” tariff plan, slated for Wednesday, will encompass a sweeping range of countries, not just a select few. Initially hinting at targeting 10-15 nations, Trump clarified aboard Air Force One that the reciprocal tariffs will apply to “essentially all of the countries” imposing fees on U.S. exports.
The plan aims to match the tariffs levied by other nations on American goods. While Trump had previously suggested potentially lowering tariffs in some instances, his latest statement indicates a more comprehensive and aggressive approach. This follows a February memorandum directing trade officials to compile country-specific countermeasures. The President has already implemented tariffs on aluminum, steel, autos, and significantly increased duties on Chinese goods.
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