Trump unveils his double-digit ‘Liberation Day’ reciprocal tariffs on China, Taiwan, and a slew of other key trading partners

https://www.businessinsider.com/trump-liberation-day-reciprocal-tariffs-speech-2025-4?utm_source=reddit&utm_medium=social&utm_campaign=insider-worldnews-sub-post

44 comments

  1. **TLDR:**

    * **Trump announced a range of new tariffs on April 2, his so-called “Liberation Day.”**
    * **He signed an executive order to impose reciprocal tariffs and a 25% tariff on car imports. He did not mention any new tariffs on Canada or Mexico during his remarks.**
    * **Some economists warned that uncertainty around the tariffs could strain consumers and businesses.**

  2. Liberation Day- what a stupid fucking thing to call this.

    But, hey, I guess he’s technically liberating us Americans from things like trade with the rest of the world and items with reasonable costs..

    **/s**

  3. He looked like a child up there with a chart ….it won’t EVER affect him financially but will fuck everyday Americans …..I am so SICK of this scum bag ….once again , all about him him him

  7. RIP computer nerds, your set up is about to get expensive.

  8. This fateful day is going straight to history books. The ill-named “Liberation Day” will have deep and lasting implications for America and the whole world. Trump is a symptom of the sickness that has been ailing the world this decade.

  11. Damn, prices will soar in the USA, inflation will be >10%.

  12. It makes no sense to me that the majority of Americans who voted in the last presidential election voted for higher prices. In exchange for what? No Medicare for all? What jobs are being created? What was the reason? Were they that stupid?

  15. China is using these cracks in the western alliance to establish partnerships. By the end of Trump term, we will be fucked.

    Edit: to clarify, the repercussions of this will be **in time.** Our enemies are very shrewd and quietly positioning themselves to take the mantle of the leader.

  16. You guys all understand that the point to this is the Trump administration will now carve out exceptions for companies that bow down to him.

  17. All this does is cause retaliatory tariffs, so less money going into the US economy.

    In the meantime, the whole world is looking at this and saying “fuck this guy”, and forging new trade agreements which exclude the US.

    After all that’s happening, what kind of market will again tie itself as tightly to the US?
    Everyone is just going to diversify.

    And just wait until digital services start getting taxed…

  18. “Liberation Day”? The fuck kind of name is that?! From the looks of it, he’ll be “liberating” his country’s economy from stability!

  19. Well…. At least Taiwan doesn’t produce anything anyone would want….. it’s not like they are on some kind of chip business….

  20. He was too scared to announce this while the stock markets were open because he knew this would be bad, such a wimp

    For Americans, Liberation Day means
    You will lose your job
    You will lose your car
    You will lose your house
    You will lose your social security via DOGE

    I dont hate the American people, but I do oppose their oligarch leaders

    Americans need to do something before we go into full recession

    Americans need to stand up and cancel this clown show ASAP

  21. Biggest tax increase ever be Trump on the middle and lower class.

  22. So, it’s inflation day then. Followed by recession season. Followed by depression year.

  23. Liberated from the chains of prosperity, liberated from the burden of economic mobility, liberated from the terror of affordability. I feel so free.

  24. Did it after the markets closed too. After hours trading is cratering.

  25. Let’s call it what it is, The Great Republican Recession of 2025.

    Not the trump recession, the republican recession because he is enabled by these spineless, sniveling opportunists.

  26. Enjoy paying $7000 for the new iPhones and smart phones Americans! Not sure where you think all the minerals needed for the electronics comes from but it ain’t Murica

  27. Seriously what’s the end game here. People lose jobs, prices go up, and no one is going to want to trade with us because of this.

    There’s no way our president isn’t compromised by a foreign asset because this shit is how you bring down a country.

  28. This breaks supply chains. Businesses source their parts and materials from everywhere. This will increase cost for everyone. They’ll have no choice but to increase prices. Increase prices to consumers whose salaries aren’t increasing and will have to make choices to not buy many goods. This will cause businesses to lay off employees. Unemployed people don’t spend a lot of money. This will cause more businesses to lay off more employees. This will simultaneously cause inflation.

    They are deliberately taking us to the poor house so they can buy up everything cheap us included.

  29. it should worry EVERYONE that the admin specifically timed this so that it was on April 2nd and so wouldn’t be counted as part of Q1, and that it was announced at 4pm EST exactly when the markets closed so that it wouldn’t disrupt stuff today. This is only going to be bad.

  31. Who the fuck are we being liberated from? The tyranny of free trade that the US has championed for the last 50+ years?

  32. China, Japan and South Korea have all agreed reciprocal tariffs to protect Asian markets.

    Do MAGA not realize how difficult it is to get all those countries in agreement on anything yet in a few days they are all on the same page on this fighting back against the USA

  33. Seen some interviews on the streets in the US. People don’t get how tariffs work. They really believe: Trump rises the tariff, foreign countries are paying them! – That’s the narrative and that’s what they believe. They don’t get that no country, no foreign company is paying, but the American company importing the products. That means: those products get more expensive for import companies and in turn more expensive for US consumers. They don’t get it!

    I have seen one interview with another guy chiming in and explaining it. The guy explaning was working in the import business and he explained about tariffs, who is paying it and how it raises prices, but that most likely republican voter and MAGA fan-boy still didn’t get it. After all the explaining, he was still: “But EU has to pay the tariffs!” … They want to believe it. They will go to the stores, complain about prices and still believe what they want. Like: “We are building a wall and Mexico is gonna pay for it!” Yeah … right … that’s not how it works.

  34. Yeah, companies, just do all your manufacturing in the US. If you don’t want to pay tariffs, simply build a factory, fill it with the proper equipment, find all your equipment and raw materials locally, attract and hire new employees, and then train your new workforce. Simple!

  35. Watch the companies that get exceptions granted. Just like the last time this Putz was in office, they granted waivers to companies who stayed at his golf resorts and who donated a lot of money to Republicans. Now he can take donations in his cryptocurrency and Meme coins so we’ll have no idea who’s buying our government

  36. Did y’all catch him walking away without signing the documents? They had to reel him back in. The other day he tried to close an EO presser without signing too. Guilty as sin and losing his mind.

  37. Wow! I was struggling to pay for my day to day needs, barely scraping by.

    But thanks to the president, I won’t even be able to do that!

    Fuck this country. Fuck this administration. Fuck everyone that voted for him.

  38. I like how he did it after the markets closed. Tomorrow they are going to drop like a rock. Godspeed everyone. I hope the US survives this buffoon.

  39. Damn I’m glad we got this instead of happy dancing Kamala…

    /s

  40. Australia doesn’t tariff the US due to our FTA so the reciprocal tariff would be zero…but it’s 10%.

    You elected a fucking moron.

  41. Many Americans told me during the last elections that it didn’t really matter who is elected….. They are about to find out….

  42. This will go down as the most avoidable recession of all time. 

  44. No one is ripping us off. Over the last 50 years the executive class has lined their pockets moving manufacturing to cheap labor countries and giving themselves fat salaries with the windfall. Piece by piece they sold out the American worker. These people play golf on Trump courses.

    My own father, hard-core republican and Trump lover, did this in the 90s. His company used to have manufacturing, product engineering in Franklin Park IL, but when he was done all manufacturing was done in China and he retired with fat cash.

    Meanwhile the few hundred people who worked at the facility, supporting local business and paying taxes, are out on their ass.

    I remember him griping later that some other Chinese companies cropped up making virtually identical products with similar engineering. The Chinese learn fast and evade patent prosecution.

    If Trump wants to bring manufacturing back, then we have to be labor cost competitive with people making crap wages with crap benefits. But now the elites have got us on the ropes, broken the unions and made us all renters maybe they can pull it off.

    Meanwhile we get to pay huge taxes to the fed to buy stuff we used to get paid to make.

    Revolution.

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