Trump Plans His Tariff ‘Liberation Day’ With More Targeted Push

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Bloomberg News Senior White House Correspondent Josh Wingrove discusses President Donald Trump poised to be more targeted than the barrage of tariffs he has occasionally threatened, aides and allies say, a potential relief for markets gripped by anxiety about an all-out tariff war.
Trump is preparing a “Liberation Day” tariff announcement on April 2, unveiling so-called reciprocal tariffs he sees as retribution for tariffs and other barriers from other countries, including longtime US allies. While the announcement would remain a very significant expansion of US tariffs, it’s shaping up as more focused than the sprawling, fully global effort Trump has otherwise mused about, officials familiar with the matter say.
Trump will announce widespread reciprocal tariffs on nations or blocs but is set to exclude some, and — as of now — the administration is not planning separate, sectoral-specific tariffs to be unveiled at the same event, as Trump had once teased, officials said.
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