On April 2, President Trump announced two new types of tariffs – measures he believes will erase trade imbalances between the U.S. and other nations. He called it “Liberation Day,” and said the tariffs will would eventually lower prices for Americans, while some economists are predicting instead that consumers and businesses will likely encounter higher #inflation The new tariffs introduced by Mr. Trump o include a 10% universal tariff and so-called reciprocal tariffs on more than 60 countries that are trade partners with the U.S. The tariffs will be additive, meaning that imports will face both the universal tariff of 10% plus the specific reciprocal import levies targeting each nation. Here’s which products will be most affected by the news #tariffs. Head to the linked article for more. #trump #liberationday #money #news #economy