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Trump administration unveils details on sweeping tariffs

  • President Trump announced new tariffs on foreign goods at the White House on April 2, 2025.
  • Trump's administration stated that tariffs would decrease U.S. Reliance on foreign goods and address the $918 billion trade deficit.
  • The tariffs, including 25% on auto imports, impact over 100 trading partners and are expected to heavily affect the car industry.
  • Economist Hakeem Jeffries called it "recession day," while Trump claimed tariffs would create jobs and revitalize factories.
  • Analysts predict the tariffs will cause economic losses and trade disruption, potentially devastating agriculture and costing trillions.
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  • 42% of the sources are Center
42% Center
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WHDH broke the news in Boston, United States on Wednesday, April 2, 2025.
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