World Business Report, Trump's tariffs "Liberation Day" arrives

World Business Report

Trump's tariffs "Liberation Day" arrives

April 2, 2025

26 minutes

Available for 28 days

Global leaders are warning of the negative impact across the world ahead of Donald Trump's sweeping new tariffs – expected to be announced later.

The White House says President Trump wants to improve American competitiveness in what it's calling "liberation day". Analysts say US importers would be likely to pass on the costs to consumers, leading to higher prices.

Andrew Peach will hear from our correspondents from around the world and how people are waiting for Trump’s announcement and speak to experts.