Reciprocal Tariffs: Alter Global Trade & Economic Growth (2025)
On April 2, 2025, former President Donald Trump announced sweeping reciprocal tariffs, dubbing the day “Liberation Day.” These tariffs aim to match the import duties placed on U.S. goods by other nations, targeting trade imbalances. A baseline 10% tariff was imposed on all imports, with higher rates for countries contributing significantly to the U.S. trade […]
