‘Liberation day’: what is a tariff and why do they matter?

‘Liberation day’: what is a tariff and why do they matter?
By: The Guardian Posted On: April 02, 2025 View: 3

Donald Trump’s threats to impose widescale import levies have spooked governments, investors and analysts alike. Here’s why …Donald Trump has said “tariffs” is the most beautiful word in the dictionary.The US president is expected to announce his latest round of these border taxes on Wednesday at 4pm ET (9pm BST). In what he is calling “liberation day”, Trump has argued the step is needed to raise money and to encourage domestic manufacturing. But it is also rattling the global economy. Continue reading...

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