President Donald Trump, on April 2, 2025, unveiled his reciprocal tariff plan as part of his “America First” agenda. The move aims to address what he views as unfair trade practices by foreign nations over decades. Trump labeled the day as “Liberation Day for American Trade,” underscoring his administration’s dedication to creating a fairer environment for U.S. businesses. The policy of reciprocal tariffs is a key component of his trade strategy.