Trump Aides Prep New Tariffs on Imports

“White House aides are preparing to impose new tariffs on most imports on April 2, laying the groundwork for an escalation in global economic hostilities that President Donald Trump has called ‘Liberation Day,’” the Washington Post reports.

“Through his first two months in office, the president has raised tariffs on roughly $800 billion in imports from China, Mexico and Canada, although estimates vary widely. These tariffs have sent the stock market careening and raised the risks of a U.S. recession, while inviting retaliation against domestic industries by trade partners.”