Here is a look at what tariffs are expected to hit Wednesday, on Trump's 'Liberation Day'
The White House said the president would reveal even broader tariffs than he has already indicated during an event on Wednesday afternoon in the Rose Garden.
White House: Tariffs to take effect immediately upon the announcement
Leavitt suggested that Trump remains open to negotiations, saying, "Certainly, the president is always up to take a phone call, always up for a good negotiation, but he is very much focused on fixing the wrongs of the past and ensuring that American workers get a fair shake."
WaPo: Trump aides draft tariff plans as some experts warn of economic damage
The president's team is exploring using trillions of dollars in new import revenue for a tax dividend or refund, people familiar with the matter said.
Europe warns Trump: We have 'a strong plan' for retaliation against tariffs
"Europe has not started this confrontation," Ursula von der Leyen, the head of the European Commission, said in a speech. "We do not necessarily want to retaliate but, if it is necessary, we have a strong plan to retaliate, and we will use it."
China Says It Is Aiming to Coordinate Tariff Response with Japan, South Korea
China is seeking to coordinate its response to U.S. tariffs with Japan and South Korea, Chinese state media said Monday, as the world's second-largest economy looks to bolster regional economic collaboration.
Israel nixes all US import tariffs, day before Trump set to levy duties on trade allies
Finance Minister Bezalel Smotrich on Tuesday signed a directive to scrap all remaining tariffs on imports from the U.S. with immediate effect.
Canada answers US tariffs with billboard ads in swing states
No word if Canadians are also going to have someone sit on a flagpole in protest.
CNBC: Trump's tariff gambit will raise the stakes for an economy already looking fragile
As Trump prepares sweeping reciprocal tariffs to punish foreign trade barriers, economists warn the move could trigger inflation, stall growth, and rattle markets — though supporters say it's the bold reset America needs to reclaim manufacturing and end global freeloading.
BBC: Trump poised to reshape global economy and how world does business
Every time Trump has mentioned his plan to levy massive tariffs on imports into the U.S., there has been a widespread assumption that they will be delayed, watered down, or rowed back.
'Nowhere to absorb it': From consumer small business to big food CEOs, Trump tariff costs will hit wallets
As "Liberation Day" tariffs take effect, small-business owners warn of collapsing margins and abandoned growth plans, while food giants say there's no slack left to absorb the costs — putting supply chains, prices, and product diversity at serious risk.
Doocy Asks Karoline Leavitt What Will Happen If Admin Is 'Wrong' About Tariffs
"They're not going to be wrong, they are going to work," Leavitt said. "And the president has a brilliant team of advisers who have been studying these issues for decades, and we are focused on restoring the golden age of America and making America a manufacturing superpower."
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