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Tariffs Explained: Impacts for You as Major New Trump Tariffs Arrive Today

Summary by CNET

President Donald Trump has dubbed April 2, the day many of his major tariffs will take effect, "Liberation Day." Still, the reality of the situation will be a lot less grandiose for everyday people.

22 Articles

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Right

SBS

Lean Left

Peter Dutton calls Anthony Albanese 'weak' over US tariffs

The US president has unveiled his tariff plans at a 'Liberation Day' event. Here's what we know so far.

23 hours ago·Australia

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Toronto Sun

Right

Trump’s tariffs have launched global trade wars. Here’s a timeline of how we got here

NEW YORK — Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad -- all while on-again, off-again new levies continue to escalate uncertainty.

1 day ago

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Times of India

Lean Right

What are reciprocal tariffs and how is Donald Trump using them?

President Donald Trump has made reciprocal tariffs a cornerstone of his trade policy, framing them as part of his broader “America First” agenda. On April 2, 2025, Trump officially unveiled his reciprocal tariff plan, calling it a necessary step to combat what he describes as decades of unfair trade practices by foreign nations. He declared the day “Liberation Day for American Trade,” signaling his administration’s commitment to leveling the pla…

2 days ago·India

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huffpost.com

Left

Trump Set To Announce Biggest Tax Increase On Americans In Decades

Despite the president’s false claims, Americans actually pay U.S. tariffs — meaning his “liberation day” announcement is about liberating Americans from their money

2 days ago

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cbsnews.com

Lean Left

Trump to announce new tariffs today on what he calls "Liberation Day" amid fears of higher prices

President Trump is expected to announce the details of his reciprocal tariffs plan after 4 p.m. at the White House.

2 days ago

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CityNews Toronto, Winnipeg, Calgary, Edmonton, Montreal and Vancouver…

Center

Signalgate: emojis, war plans, and unexpected guests

Ahead of the announcement on reciprocal tariffs on Wednesday, the Trump administration is looking to move on from so-called Signalgate – after war plans were shared on the commercial messaging app. It really raised eyebrows because a reporter, not just any reporter, but the editor-in-chief of The Atlantic, was added to the chat – likely by accident? It was seen as a gaffe by some while others wonder if it was intentional. Either way – there’s a …

2 days ago

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