04-April-2025
Corporate News
 
White House drafts proposal for 20% tariffs as world waits for Donald Trump’s ‘Liberation Day’ announcement
02-Apr-2025

The White House is gearing up to levy 20% tariffs on most imports as the US Liberation Day announced by President Donald Trump draws nearer. The POTUS insisted earlier this week that “all countries” would face reciprocal tariffs from Wednesday as he seeks to crack down on ‘unfair’ trade practices. The White House also clarified on Tuesday that these levies would go into effect immediately while auto tariffs would proceed as scheduled on April 3.

News Source:- https://www.financialexpress.com/world-news/white-house-drafts-proposal-for-20-tariffs-as-world-waits-for-donald-trumps-liberation-day-announcement/3795927/?ref=morelatest_hp