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“Liberation Day?”: What Trump’s New Tariffs Really Mean for the U.S. Economy

On April 2, 2025, President Donald Trump took the stage in the White House Rose Garden, declaring it “Liberation Day.” According to Trump, this was the day America would reclaim its economic independence, the day the country would stop “enriching other nations” at its own expense.

The announcement? Sweeping new tariffs—perhaps the most aggressive trade policy shift in modern U.S. history.

On April 2, 2025, President Donald Trump took the stage in the White House Rose Garden, declaring it “Liberation Day.” According to Trump, this was the day America would reclaim its economic independence, the day the country would stop “enriching other nations” at its own expense.

The announcement? Sweeping new tariffs—perhaps the most aggressive trade policy shift in modern U.S. history.

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