{"id":8334,"date":"2025-04-04T16:22:12","date_gmt":"2025-04-04T21:22:12","guid":{"rendered":"https:\/\/brackety-ack.com\/?p=8334"},"modified":"2025-04-04T16:22:12","modified_gmt":"2025-04-04T21:22:12","slug":"trumps-tariff-tactics","status":"publish","type":"post","link":"https:\/\/brackety-ack.com\/?p=8334","title":{"rendered":"Trump&#8217;s Tariff Tactics"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">President Donald J. Trump has authorized new executive action aiming to improve the economy of the United States. According to AP News, he has marked April 2nd as \u201cLiberation Day\u201d, where he will announce a new line of tariffs on foreign goods. This will be a continuation of the President&#8217;s mission to lessen trade inequality and increase domestic manufacturing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">White House press secretary Karoline Leavitt said plans will be announced to major trading partners on April 2nd, and more information will be announced by the president. Little information has been released as to what this plan will entail. On February 13th, President Trump announced the \u201cFair and Reciprocal Plan\u201d which plans to correct unfair trading tariffs set by other countries. Economists are conflicted whether \u201cLiberation Day\u201d will include reciprocal or universal tariffs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the details for the \u201cFair and Reciprocal Plan,\u201d the White House website features countries who do not impose fair taxes on the United States. It is assumed that President Trump will impose \u201creciprocal taxes\u201d on these countries to level the playing field. For example, the website claims that the United States tariff on Indian motorcycles is 2.4%, however the Indian tariff on U.S motorcycles is 100%. Because of this, President Trump has already spoken about imposing taxes on India, Brazil, and many other countries according to AP News.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Peter Navarro, a White House trade advisor, claims on Fox News Sunday that the unreleased plan will contribute 600 million dollars to the United States economy a year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, many Americans are concerned that these tariffs will raise costs for everyday items and larger purchases, such as a vehicle. When Navarro was asked about this, he replied, we must \u201ctrust in Trump\u201d and understand that \u201cforeigners are going to eat most of it\u201d.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But everyday Americans are not the only ones concerned about this plan. Economists are concerned that these surging tariffs could cause the United States to enter a recession, according to CNN.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The full tariff plan will be announced at 4pm on April 2nd and will be effective immediately, according to CNN. Only time will tell what these tariffs mean for the economy and the lives of Americans.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Sources: AP News, CNN, Fox News, White House Website<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Kara Hopkins<\/p>\n<p>News Editor<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald J. Trump has authorized new executive action aiming to improve the economy of the United States. According to AP News, he has marked April 2nd as \u201cLiberation Day\u201d, where he will announce a new line of tariffs on foreign goods. This will be a continuation of the President&#8217;s mission to lessen trade inequality [&hellip;]<\/p>\n","protected":false},"author":38,"featured_media":8335,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[7],"tags":[],"class_list":["post-8334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_featured_media_url":"https:\/\/brackety-ack.com\/wp-content\/uploads\/2025\/04\/sp-promo-1722865677548-superJumbo.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/brackety-ack.com\/index.php?rest_route=\/wp\/v2\/posts\/8334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brackety-ack.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brackety-ack.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brackety-ack.com\/index.php?rest_route=\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/brackety-ack.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8334"}],"version-history":[{"count":0,"href":"https:\/\/brackety-ack.com\/index.php?rest_route=\/wp\/v2\/posts\/8334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brackety-ack.com\/index.php?rest_route=\/wp\/v2\/media\/8335"}],"wp:attachment":[{"href":"https:\/\/brackety-ack.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brackety-ack.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brackety-ack.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}