“Liberation Day” has arrived, with President Donald Trump expected to announce sweeping tariffs Wednesday afternoon targeting some of Washington state’s largest trading partners.
The new U.S. tariffs — essentially taxes paid on imported goods — are expected to be met with fresh tariffs and other fees on U.S. exports, though details are likely to emerge slowly in coming days. The White House promotes tariffs as key to reviving American manufacturing, while critics and business leaders worry the protectionist swing will destabilize the world economy and cost Americans.
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