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What is Donald Trump’s ‘liberation day’ for trade?

The US president has billed April 2 as the moment for a sweeping escalation of his tariff policy

Donald Trump has spent his first months in the White House railing against the US’s largest trading partners, accusing them of cheating America and taking advantage of the world’s largest economy.

“For DECADES we have been ripped off and abused by every nation in the World, both friend and foe. Now it is finally time for the Good Ol’ USA to get some of that MONEY, and RESPECT, BACK. GOD BLESS AMERICA!!!” the president wrote on social media this month.

Trump has declared that April 2 will be “Liberation Day”, when he plans a sweeping escalation of his trade policy, potentially hitting the US’s largest trading partners with steep tariffs as he upends decades of global trading norms. 

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