U.S. President Donald Trump announced a sweeping new set of tariffs on Wednesday (April 2, 2025), escalating tensions with allies and adversaries alike in a bid to bolster U.S. manufacturing. Mr. Trump listed the high tariffs charged by India on American products as he announced reciprocal tariffs on countries across the board, declaring a 26% “discounted reciprocal tariff” on India.
the White House on April 2, 2025. | Photo Credit: AP
U.S. President Donald Trump announced a sweeping new set of tariffs on Wednesday (April 2, 2025), escalating tensions with allies and adversaries alike in a bid to bolster U.S. manufacturing. Mr. Trump listed the high tariffs charged by India on American products as he announced reciprocal tariffs on countries across the board, declaring a 26% “discounted reciprocal tariff” on India.
“This is Liberation Day, a long-awaited moment. 2nd April 2025 will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again. We are going to make it wealthy, good, and wealthy,” Mr. Trump said on Wednesday (April 2, 2025) in remarks from the Rose Garden at the White House as he announced the closely watched reciprocal tariffs on countries that impose levies on American goods.
