The Liberation Day tariffs refer to a broad package of import duties announced by U.S. President Donald Trump on April 2, 2025—a date he called "Liberation Day". In a White House Rose Garden ceremony, Trump signed Executive Order 14257, titled Regulating Imports With a Reciprocal Tariff to Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits. This order declared a national emergency over the United States' "large and persistent" trade deficit and invoked the International Emergency Economic Powers Act (IEEPA) to authorize sweeping tariffs on foreign imports.
Trump's controversial "Liberation Tariffs" were swiftly restored within 24 hours after a federal court had initially blocked them...
It would be well above the 24% tariff imposed on Japan as part of the so-called "Liberation Day" in April.