The White House’s Strategy: Unpacking the Calculation of Reciprocal Tariffs
President Trump revealed a committee poster in the Rose Garden on Wednesday, illustrating reciprocal tariffs targeted at nearly all countries globally. However, it remained unclear how the White House derived the formula for determining the tariff percentages imposed and left foreign leaders, financial analysts, and consumers puzzled. Executives claim the trade deficit was pivotal in […]
Some Goods Already Under Tariff Will Be Exempt from Trump’s Reciprocal Tariffs
Certain items already subject to some tariffs do not fall within the President Donald Trump's mutual tariff or “liberation date” scope announced Wednesday. White House Fact Sheet Note Trump's mutual tariffs are not stacked on certain goods that fall under Section 232 tariffs, as well as energy products and some minerals that are not available […]
Pres. Trump Signs Sweeping Reciprocal Tariffs: ‘Liberation Day Is Here’
US President Donald Trump will speak during the “American Wealthy Again” trade announcement event held at Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “liberation day,” Trump announced additional tariffs targeting goods imported into the US (photo: Somodevilla/Getty Images) OAN Staff Taylor Tinsley6pm – Wednesday, April […]
Trump Addressed Leaders Asking for Exemptions from Reciprocal Tariffs
President Donald Trump on Wednesday gave Americans his exact message to foreign leaders who might ask for exemption from his mutual tariff policy, providing them with a long list of things they have to do, including dropping their own tariffs, building products in the US, and buying Americans. “Mutual tariffs, again, mutual, back and forth, […]
Republicans Praise Trump for Liberation Day, Reciprocal Tariffs
Republican lawmakers praised President Donald Trump for announcing that foreign countries will be hit by mutual tariffs and that there will be a 25% tariff on foreign-made vehicles. Rep. Tim Moore (R-NC), Addison McDowell (R-NC), Sen. Rick Scott (R-FL), Troy Nairs (R-TX) and Andy Harris (R-MD) were among the Republicans who praised Trump for what […]
Trump Reveals Chart of Reciprocal Tariffs
President Donald Trump on Wednesday revealed a chart detailing the mutual tariffs he places on other countries, saying, “They charge us, we charge them.” “Contains 67% tariffs charged to China and the US, as well as currency manipulation and trade barriers,” Trump said at a press conference that he had announced trade policies regarding what […]
Donald Trump Announces 26% “Discounted Reciprocal Tariff” On India
Washington: US President Donald Trump has announced important mutual tariffs on India and China, but he said he is kind to them by accusing them of “half of what they charge us.” President Trump called these “discount round-trip tariffs” and said the US would charge 26% import tariffs in India and 34% in China. The […]
US Dollar Index contains small loss while markets are entering volatile patch with Trump's reciprocal tariffs announcement – FXStreet
Greenbacks will begin to lose ground against most of their major peers on Wednesday. President Trump is scheduled to announce mutual tariffs on Wednesday. The US Dollar index is stable at around 104.10 while searching for all kinds of drivers. The US Dollar Index (DXY), which tracks the performance of the US dollar (USD) against […]
Gold price stabilizes near all-time high with fear of lackluster impact from reciprocal tariffs – FXStreet
Gold prices are just above $3,120 on Wednesday ahead of Trump's announcement. The market is preparing for the official announcement of mutual tariff implementation. Gold traders may unleash gold rallies if the scale of the tariffs is far less severe than expected. The gold price (XAU/USD) is just above $3,130 as of Wednesday's writing, after […]
ForexLive Asia-Pacific FX news wrap: Trump reciprocal tariff announcement due later – Forexlive
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