Liberation Day
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International trade - US - tariffs - 2025.
In the international trade context, colloquial name for 2 April 2025, on which the United States announced a large number of substantial additional tariffs on goods imported into the US.
- How other countries respond to US tariffs will make a huge difference to outcomes
- "“We have just had the so-called Liberation Day of tariff announcements, though whether this could be a case of the US liberating itself from the international trading system remains to be seen.
- Also, it remains to be seen whether there are inflationary or possibly stagflationary outcomes, not just in the US, but elsewhere in the world,” Calenti says.
- “How other countries respond to these tariffs will also make a huge difference, particularly as goods re-route from the US to elsewhere.”"
- Trump 2.0: reset or recession? What treasurers need to know - Hank Calenti, SMBC global macro/rate strategist - The Treasurer online - April 2025.
See also
- Customs union
- Duty
- Exports
- Free trade
- Free trade agreement
- General Agreement on Tariffs and Trade (GATT)
- Imports
- Indirect tax
- Inflation
- Law
- Most favoured nation (MFN)
- Protectionism
- Quota
- Recession
- Sanctions
- Smuggling
- Stagflation
- Tariff
- Tariff Act 1930 (US)
- Trade war
- Treaty
- Trump 2.0
- Trumponomics
- World Trade Organization (WTO)
- WTO rules
