{"id":25009,"date":"2025-04-02T14:57:44","date_gmt":"2025-04-02T14:57:44","guid":{"rendered":"https:\/\/usdailys.com\/?p=25009"},"modified":"2025-04-02T14:57:44","modified_gmt":"2025-04-02T14:57:44","slug":"what-to-expect-from-donald-trumps-liberation-day","status":"publish","type":"post","link":"https:\/\/usdailys.com\/?p=25009","title":{"rendered":"What to expect from Donald Trump\u2019s \u2018Liberation Day\u2019"},"content":{"rendered":"

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A word we’ve all been hearing seemingly non-stop during United States president Donald Trump’s second term is, no doubt, tariffs.<\/p>\n

Trump has been making waves since he started his presidency on 20 January 2025, from\u00a0renaming the Gulf of Mexico<\/a>\u00a0to his harsh stances on topics such as\u00a0immigration<\/a>,\u00a0transgender rights<\/a>, and\u00a0abortion<\/a>.<\/p>\n

And as trade wars continue to escalate across the globe, it’s clear that the world will be watching on to see what\u00a0Trump<\/a>\u00a0does next during what he has dubbed ‘Liberation Day’ – a name which he’s been using to refer to 2 April.<\/p>\n

But, what exactly can we expect from what the 78-year-old\u00a0Republican<\/a>\u00a0during ‘Liberation Day’ announcement which is set to take place later on this evening, and how exactly will it impact the\u00a0UK<\/a>?<\/p>\n

What is ‘Liberation Day’?<\/strong><\/h2>\n

OK, first things first, what actually\u00a0is<\/em>\u00a0‘Liberation Day’?<\/p>\n

Well, in short, it will see Trump announce his latest round of reciprocal\u00a0tariffs<\/a>\u00a0on countries he considers to be giving the US a bad deal on trade at the White House following several threats to unleash a\u00a0global trade war.<\/a><\/p>\n

What are tariffs?<\/strong><\/h2>\n

Tariffs are simply\u00a0taxes<\/a>\u00a0placed on goods that are imported into a country.<\/p>\n

It is the importers buying the goods who pay the tariffs meaning that, in the case of the\u00a0US<\/a>, American companies will be paying the increased taxes.<\/p>\n

Ultimately, Trump states that the intent behind the tariffs is to protect US manufacturing and increase job opportunities by making foreign-made products less attractive.<\/p>\n

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Donald Trump will make his ‘Liberation Day’ tariffs announcement later today at 9pm UK time (Andrew Harnik \/ Staff \/ Getty Images)<\/cite><\/div>\n

However, these two main aims can take a considerable amount of time as US-based companies will first have to put in place the various infrastructure in order to produce their goods in the US.<\/p>\n

This can result in customers paying higher costs for their goods as companies often put up their prices in order to compensate for tariffs.<\/p>\n

Additionally, such tariffs can also have a detrimental impact on foreign countries as they make their products pricier and, therefore, harder to sell.<\/p>\n

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Trump previously said ‘all countries’ could expect to be hit by tariffs (Andrew Harnik \/ Staff \/ Getty Images)<\/cite><\/div>\n

What are Donald Trump’s ‘Liberation Day’ tariffs?<\/strong><\/h2>\n

Now, while no details of today’s plans have been made available ahead of the announcement which will take place 9pm UK time, Trump has time and time again repeated the idea of imposing so-called reciprocal tariffs.<\/p>\n

On Sunday (30 March), he said ‘all countries’ could expect to be hit by tariffs.<\/p>\n

When a reporter asked whether it was true he was planning on targeting between 10 and 15 countries, Trump hit back speaking from Air Force One: “Who told you 10-15 countries? You didn’t hear it from me.”<\/p>\n

And, when pressed on how many countries he was planning to hit, he replied: “You’d start with all countries, let’s see what happens.”<\/p>\n

A few days prior, Trump explained that he was open to striking up deals with countries seeking to avoid US tariffs – however, such agreements would need to be negotiated after ‘Liberation Day’.<\/p>\n

He had previously said he ‘may give a lot of countries breaks, but it’s reciprocal’, adding: “We might be even nicer than that.”<\/p>\n

Trump\u2019s press secretary, Karoline Leavitt, added that Trump was spending Tuesday (1 April) ‘perfecting’ the trade plan.<\/p>\n

“He is with his trade and tariff team right now, perfecting it to make sure this is a perfect deal for the American people and the American worker,” she said.<\/p>\n

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It’s been said that Starmer has had ‘productive negotiations’ with Trump (Jack Taylor \/ Stringer \/ Getty Images)<\/cite><\/div>\n

How will the ‘Liberation Day’ tariffs affect the UK?<\/strong><\/h2>\n

Downing Street has said that British Prime Minister\u00a0Keir Starmer<\/a>\u00a0and Trump have had ‘productive negotiations’ towards a UK-US ‘economic prosperity deal’.<\/p>\n

According to a statement released on Sunday (30 March), the pair discussed a possible deal over the weekend and both agreed that negotiations will ‘continue at pace’.<\/p>\n

Yesterday, Starmer\u00a0told<\/a>\u00a0Sky News that\u00a0<\/strong>the UK was ‘working hard on an economic deal’ with the US and said ‘rapid progress’ has been made.<\/p>\n

However, he did admit: “Look, the likelihood is there will be tariffs. Nobody welcomes that, nobody wants a trade war.<\/p>\n

“But I have to act in the national interest and that means all options have to remain on the table.”<\/p>\n

Starmer added: “We are discussing economic deals. We’re well advanced.<\/p>\n

“These would normally take months or years, and in a matter of weeks, we’ve got well advanced in those discussions, so I think that a calm approach, a collected approach, not a knee-jerk approach, is what’s needed in the best interests of our country.”<\/p>\n","protected":false},"excerpt":{"rendered":"

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