‘Liberation Day’: A timeline of Donald Trump’s trade war with Canada
- President Trump has implemented higher tariffs on apparel-exporting nations, including Vietnam, which will incur a 46% tariff, and Bangladesh, which will face a 37% duty.
- These tariffs could force companies to either reduce profits or increase retail prices for consumers, significantly impacting the fashion industry.
- India, currently with a 27% reciprocal tariff, is emerging as a competitive hub, potentially increasing its market share in the US apparel market.
308 Articles
308 Articles
Will Trump’s ‘Liberation Day’ tariffs restore American manufacturing?
President Donald Trump has declared April 2, 2025, “Liberation Day” — but many Americans are worried that his reciprocal tariff plan will not liberate them but only make life harder. While economist Stephen Moore can see why they’d be afraid, he also understands why they shouldn’t be. “Trump does have a very important point,” Moore tells Glenn Beck on “The Glenn Beck Program.” “Which is that a lot of people don’t understand that we are the low…
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