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Title:WRAP: Trump to impose sweeping tariffs, escalating global trade tensions
Date:2nd April 2025
Summary:U.S. President Donald Trump was set to impose sweeping new tariffs as he proclaimed "Liberation Day" in the United States, escalating a trade war with global partners and upending a decades-old trade order. The reciprocal tariff plans, which were still being formulated ahead of a White House Rose Garden announcement ceremony, were scheduled for 4 p.m. Eastern Time (2000 GM