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Sweeping Trump tariffs draw dismay, calls for talks from countries around the globe

  • President Trump announced a new tariff plan on April 2, 2025, calling it "Liberation Day.
  • Trump stated the tariffs would reshape U.S. Trade and revive American manufacturing.
  • The plan includes a 10% tariff on nearly all imports and steeper rates for trade partners.
  • Tariffs include 34% on Chinese goods, 20% on EU goods, and 25% on foreign cars, effective April 9.
  • Economists worry the tariffs risk undermining confidence and could lower the 2025 GDP forecast to 1.7%.
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Wral News broke the news in Raleigh, United States on Wednesday, April 2, 2025.
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