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All your questions about Trump’s ‘liberation day’ tariffs answered

Andrew Tillett

US President Donald Trump delivered on his promise to shake up world trade with his “liberation day” tariffs.

He says the tariffs will make America “wealthy again” and stop trading partners from taking advantage of the US. “In many cases, the friend is worse than the foe in terms of trade,” Trump said on Wednesday (Thursday AEDT).

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Andrew Tillett writes on politics, foreign affairs, defence and security from the Canberra press gallery. Connect with Andrew on Facebook and Twitter. Email Andrew at andrew.tillett@afr.com

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    Original URL: https://www.afr.com/politics/federal/all-your-questions-about-trump-s-liberation-day-tariffs-answered-20250402-p5loff