Liberation Day or Tax Hike? What Trump’s New Tariffs Mean for Your Wallet

Liberation Day or Tax Hike? What Trump’s New Tariffs Mean for Your Wallet


Liberation Day or Tax Hike? What Trump’s New Tariffs Mean for Your Wallet
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President Donald Trump has just announced sweeping new tariffs that he calls a “declaration of economic independence,” but many economists warn it will function more as a tax on American consumers. In a Rose Garden ceremony on April 2, dubbed “Liberation Day,” Trump unveiled what represents the most fundamental shift in global trade since World War II. Trump’s plan introduces two major types…



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