On April 2, 2025, US President Donald Trump plans to unveil significant reciprocal tariffs on various countries, dubbing the day "Liberation Day." Details of the tariffs are still unreleased, but the European Union has warned that it is prepared to retaliate, leading to increased tension and concerns about a potential global trade war. Investor sentiment has turned negative, as evidenced by falling European stock markets ahead of the announcement, which will take place at a ceremony in the Rose Garden of the White House.
US President Donald Trump is set to impose sweeping new reciprocal tariffs on many countries, which he has called "Liberation Day." The details remain unknown.
The European Union has stated it has a "strong plan" to retaliate against the US trade measures, as concerns about a potential global trade war grow among investors.
Following the announcement of the tariffs, European stocks have fallen as fears of escalating trade tensions have begun to impact market confidence.
The proposed tariffs will be introduced during a ceremony in the White House Rose Garden, marking a significant move in Trump's trade policy.
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