Tariff Announcement: Donald Trump to take 'historical action' tomorrow to increase American competitiveness, says White House | Mint

Trump Tariff Announcement: On the eve of the liberation day, while the global economy awaits April 2 with an intoxicating breath and the US president’s very expected tariff announcement on April 2, the White House ‘Historical Action’ promised what the US President considers ‘Liberation Day’. The White House said President Trump will take “historical action” tomorrow, April 2, to improve US competitiveness through new tariff measures. Recipient rates will come into effect immediately, while car rates (not part of the reciprocal measures) will come into effect on April 3, the White House has notified. The White House also announced that products produced in America will be exempt from these rates. Currently, President Donald is meeting with his trade and tariff team to finalize details. A White House spokeswoman said the president is open to discussing the rates, and that several countries are already issuing to start talks on the matter. (This is a developing story. Please refresh for more information) Ask all the business news, economy news, news reports and the best news updates on live currency. Download Themint News -APP to get daily market updates. Business Newsconomytariff announcement: Donald Trump to take ‘historical action’ tomorrow to increase the US competitiveness, says the White House less less