President Donald Trump announces the 'Liberation Day' tariff policy, imposing a 15% average tariff on all trading partners. Analysts warn of inflation and market volatility, while global tensions rise as countries prepare retaliatory measures. Explore the potential economic and geopolitical impacts of this bold move.

Sources:

https://timesofindia.indiatimes.com/world/us/april-2-liberation-day-what-time-will-trump-announce-reciprocal-tariffs-and-what-to-expect/articleshow/119893915.cms

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-imports-of-automobiles-and-automobile-parts-into-the-united-states/

https://www.hindustantimes.com/world-news/donald-trump-tariff-news-live-updates-liberation-day-us-trade-policy-goods-import-duties-global-market-101743528568112.html

https://www.kiplinger.com/taxes/whats-happening-with-trump-tariffs

https://fortune.com/2025/03/31/liberation-day-april-2-donald-trump-tariffs-eu-china-russia/