Trump’s ‘Liberation Day’ arrives as he gambles big on risky tariff policy

President Donald Trump will open on Wednesday in the White House Rose Garden, which is expected to be a widely based “reciprocal rates” of imports as part of his America First Program.

This is a moment in the creation of the president, who has repeatedly charged him as a “Liberation Day”, claiming that he will release the United States from dependence on foreign goods and say “we will return a lot of wealth that we have given up so stupid from other countries.”

“April 2, 2025 will fall as one of the most important days in modern American history,” White House press secretary Caroline Levitt told reporters on Tuesday.

But this is a serious political gambling for Trump, who returned to the White House in a small part because of his promise to improve the economy.

However, some economists have raised fears that its moves may cause the economy to slide into a recession, and markets are monitored before Wednesday’s message scheduled for 16:00 ET after market trade.

The White House is a mom in detail before the Wednesday message, only confirming that the tariffs will come into force as soon as the announcement.

Some options discussed in recent weeks reports that ABC News White House Senior Correspondent Selina Wang is a 20% flat tariff rate for all imports; different rates of tariffs for each country, based on their taxes on US products; or tariffs for about 15% of countries with the largest trade imbalances with the United States

Trump was still meeting his tariff team on Tuesday to finalize the details, said Levitt, “refining” politics “to make sure it was a perfect deal for the American people and the American worker.”

After taking office, Trump applies taxes on specific products, including steel and aluminum. He also created some tariffs for goods from China, Canada and Mexico.

The actions strained relationships with Canada and Mexico, two key allies and neighbors. Prime Minister Mark Carney said that last week’s deep US and Canada’s economic, security and military affairs relations were effective.

Canada swore in retaliatory tariffs and Mexico said he would give his answer later this week. The European Union also said it has a “strong revenge plan”.

But Trump and the employees of the plowing of full steam forward, claiming that America has been unfairly “torn” by other countries for years and has been a time for reciprocity.

“It’s just: if you make your product in America, you won’t pay tariffs,” Levitt said on Tuesday.

The economy was the main question for the 2024 presidential election voters, with the Americans blaming President Joe Biden for high prices and Trump has promised to bring financial relief to families.

The administration has drawn the tariffs as a panacea for the economy, which is large, arguing that any pain experienced in the short term will be offset by what they predict to be a major impetus in production, job growth and state revenue.

But it is unclear how much freedom is ready to give Trump to overcome what he called “a little embarrassment.”

Already, just over two months after Trump’s second term, polls show that working with the economy meets discounts.

An Association Center for the Study of Public Affairs, published on Monday, found that the majority of Americans (58%) did not approve of how Trump is coping with the economy.

With regard to his protectionist trade negotiations with other nations, in particular, 60% of Americans said they did not approve his approach so far. It was his worst question in the Republican poll.

Trump’s GOP allies on the Capitol hill say they trust the president, but have admitted to some uncertainty to begin.

“It may be rocky at first, but I think it will make sense for the Americans and will help all Americans,” said home chairman Mike Johnson at his weekly press conference with other members of the Republican leadership.

“You will see that the prices are being displaced,” said Republic Rich McCormick, a Republican from Georgia, in front of ABC News correspondent Jay O’Brien. “We are responsible to the American people. We represent them if they speak loud enough … I think the president is very good at responding to the public.”

The Senate Democrats have planned to try to force a vote aimed at restricting Trump’s authorities to install tax in Canada.

Minority leader Chuck Sumer, at a press conference, along with other Democrats on Tuesday, rammed the latest comments by Trump that he “cannot be interested less” if foreign car manufacturers raise prices due to rates, which also come into force on Wednesday.

“Do you hear this? Donald Trump says he can’t be interested in less if you pay more,” Sumer said.

“The president justified the imposition of these tariffs, in my opinion, a fictional emergency,” said Senator Tim Kane, a democrat from Virginia.