His repeated designation of the term is a sign of just how much importance Trump places on tariffs, an obsession of his since the 1980s. Dozens of other countries recognize their own form of liberation days to recognize events such as overcoming Nazi Germany or the end of a previous political regime deemed oppressive.

Presumably something is going to happen,” but “the hard part is trying to figure out what precisely that might be,” UBS economists shrugged about Trump’s April 2 circling of the calendar.

Trump’s biggest round of tariffs to come on 'Liberation Day' President Donald Trump has circled April 2 as the pinnacle of his "American first" trade policy as he seeks to boost domestic manufacturing by making it more expensive for companies to ship products into the U.

President Donald Trump is set to gamble the success of his second term, the economy and the personal finances of millions of Americans this week on his long-held belief that tariffs can re-create a golden age of US wealth and independence.

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U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday,