President Donald Trump will announce his price plan at 4 p.m. Eastern time, April 2, which would be 1:30 a.m. on April 3 for people in India. The event is named “Make America Rilary Again” and it would take place at Rose Garden in the White House. Before the announcement, Trump posted on X: April 2 will be “Liberation Day”.
Trump is expected to announce a new price set in Washington on Wednesday afternoon. Following this, the prices on car products will be implemented on Thursday. Canada has already imposed reprisal prices on various American goods. However, one of the largest categories – American manufacturing cars – has not yet been assigned.
The specifics of President Trump’s next import tariff cycle remain unclear. The specific number of the import tax proposed by the White House has not been disclosed. President Trump had previously mentioned a 10%tax on all imports, but also considered the increase in prices to 20%or even 60%, products imported from China.
According to the White House press secretary, Karoline Leavitt, President Trump is currently in discussion with his sales advisers to finalize the details of this plan. Leavitt said: “He devotes himself to obtaining the best possible result for American workers.” An official announcement concerning this case should be published soon.
On Wednesday, Wall Street’s main clues decreased due to investors’ concerns concerning the potential consequences of the extensive tariffs imposed by US President Donald Trump.
