President Donald Trump announced that the U.S. will impose an additional 50% tariff on goods imported by China unless it withdraws its retaliatory duties.
President Donald Trump will unveil a sweeping tariff plan on Wednesday, April 2, 2025, during a Rose Garden event marking what he has called "Liberation Day." The announcement is expected to introduce reciprocal tariffs aimed at countering foreign trade practices that have harmed American industries for decades.
President Trump threatened to impose a 200% tariff on all alcoholic beverages imported from European countries if the European Union does not remove its 50% tariff on U.S. whiskey.
Ontario Premier Doug Ford reversed course Tuesday, suspending a 25% electricity surcharge on U.S. states just one day after its implementation. Ford initially insisted he would be “relentless” in enforcing the tariff but quickly apologized to Americans and withdrew the policy during an appearance on WABC’s Cats & Cosby radio show.
President Donald Trump signed an executive order Thursday delaying his planned 25% tariffs on Canadian and Mexican imports until April 2. The decision came after discussions with Mexican President Claudia Sheinbaum and follows ongoing trade disputes with Canada.
