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Trump announces reciprocal tariffs on 'Liberation Day'

Catch up with NBC News Clone on today's hot topic: Trump Announces Reciprocal Tariffs On Liberation Day 236222021504 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

07:14

President Trump announced reciprocal tariffs on foreign nations, calling it a “Declaration of Economic Independence.” In a speech marking what he dubbed “Liberation Day,” he argued that for decades, foreign nations have exploited American workers and industries, and promised the new policy will bring jobs and factories back to the U.S.

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