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Yo_Mama_Been_Loggin

(121,283 posts)
Sun Mar 30, 2025, 03:51 PM Mar 30

Trump's promised 'Liberation Day' of tariffs is coming. Here's what it could mean for you

WASHINGTON (AP) — President Donald Trump says Wednesday will be “Liberation Day” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods.

The details of Trump’s next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes. But an undeterred Trump is inviting CEOs to the White House to say they are investing hundreds of billions of dollars in new projects to avoid the import taxes.

It is also possible that the tariffs are short-lived if Trump feels he can cut a deal after imposing them.

“I’m certainly open to it, if we can do something,” Trump told reporters. “We’ll get something for it.”

https://apnews.com/article/trump-new-tariffs-liberation-day-import-taxes-118d73f50e5133ef3d9598aed6661a6c

He's going to liberate our money from us.

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Trump's promised 'Liberation Day' of tariffs is coming. Here's what it could mean for you (Original Post) Yo_Mama_Been_Loggin Mar 30 OP
Prices around here have already risen dramatically intrepidity Mar 30 #1
Liberation Day. Turbineguy Mar 30 #2

intrepidity

(8,243 posts)
1. Prices around here have already risen dramatically
Sun Mar 30, 2025, 03:54 PM
Mar 30

I doubt they'd go down even *if* the tariffs never materialized. In fact, they'll rise even more.

Watch corporate profits for this quarter, that will tell the real story.

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