What is Trump’s tariff ‘Liberation Day’ and could it spark a global trade war?

President Trump has been referring to Wednesday, April 2nd as “Liberation Day,” in which he plans to announce a number of sweeping, new tariffs on US trading partners during a press conference at the White House Rose Garden. While the Trump team has argued the necessity of the move when it comes to its “America First” agenda, the uncertainty has sparked fear of a recession. Here’s what it could all mean for your wallet.

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