Trump has suggested he will impose his own tariff rates against countries that don’t make deals with his administration.

President Donald Trump says April 2 will be “Liberation Day” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods.

"We still believe the most likely outcome is slow growth and firm inflation: Not a recession, but a backdrop where the adverse effects of trade and immigration controls on growth outweigh the boost from deregulation and fiscal largesse," Morgan Stanley strategist Michael Zezas wrote.

WASHINGTON (AP) — President Donald Trump says Wednesday will be “Liberation Day" — a moment when he plans to roll out a set of tariffs that he promises will free the United States from ...

Donald Trump’s planned “Liberation Day” Wednesday will bring outrageous tariffs of 20 percent on most goods imported to the U.S., according to officials who spoke with The Washington Post.

Who pays for these tariffs? Most economists reckon that ordinary Americans will lose out, as prices in shops rise. Mr Trump and his coterie, by contrast, blithely insist that the rest of the world will shoulder the load by cutting their selling prices.