President Donald Trump did not want his main rate announcement to be a smiling issue.
“I was going to do it on April 1, but I said,” I don't like that date, “Trump said during an event with the governors of the nation in February. “I don't want to take the abuse.”
Yet he flirted with the idea: “Do I just have to do April 1?”
“It will cost a lot of money to wait one day,” he joked.
But then he decided to be 2 April in a holiday in the Trump brand: “Liberation Day” he called it.
Liberation Day will now become the first major event of the president in the rose garden of the White House of his second term. It will take place at 4 p.m. – to prevent a split screen moment of the announcement that coincides with tumbling of markets.
There are still last-minute attempts to steal the Thunder van Trump, with several Republicans joined Democrat Tim Kaine in a resolution to end the emergency declaration Trump signed in February to implement rates on Canada as punishment because they do not put the stream of illegal drugs in the vs.
Rand Paul van Kentucky – who has vocally opposed the rates – sponsors the resolution and Susan Collins of Maine has already said that she will support it. Other Republicans, such as Thom Tills in North Carolina, Chuck Grassley from Iowa, are considering it, according to Polo.
President Donald Trump has devised the term 'Liberation Day' for his announcement of 2 April of new rates. It will mark the first large -scale event in De Witte Huis Rozentuin of its second term
Trump is furious with a democrat Bill tried to cancel the rates that have already been levied on Canada, who have received support from several Republicans, including Susan Collins van Maine (photo)
Collins expressed all her opposition against the rates prior to Liberation Day.
“I think imposing rates on Canada, which is our closest neighbor, friendly ally, is a big mistake and will cause disturbance in the economies of both countries, in particular for a state like Maine, whose economy is so integrated with Canada,” Collins told Dailymail.com.
“I am not surprised that Canada would try to hit back, and that will increase the costs even more for consumers.”
Trump raged on Tuesday evening in Paul and Collins, as well as the old rival Mitch McConnell and Alaska Modiglig Lisa Murkowski in a late night post to Truth Social.
He said that he hopes that the gang of four 'hopefully will come to the Republican bandwagon, for a change, and the Democrats Wild and Flagrant Push fight to not punish Canada for sale, in our country, of large quantities of Fentanyl, by the value of this terrible and deadly drug to be purchased.' '
Trump warned that these Turncoat people play with the life of the American people, and straight in the hands of the radical left -wing democrats and drug cartels. '
He mocked Kaine's bill as a 'trick' by Democrats that are meant to 'show and expose the weakness of certain Republicans, namely these four, because it is not going anywhere because the house will never approve and I, as your president, will never sign it. “
Trump then asked them: 'Why do they allow Fentanyl to flow into our country uncontrolled and without punishment. What is wrong with them, except that it suffers from Trump's Disrangement Syndrome, better known as TDS? Who could want this to happen to our beautiful families and why? '
Trump raged to Paul – Die Kaine's Bill – and Collins and the old rival Mitch McConnell and Alaska Moderate Lisa Murkowski partly in a late night post to Truth Social, Match McConnell and Alaska, partly –
He then asked his Maga movement to contact the four senators to 'allow them to finally adhere to Republican values ​​and ideals'.
'They have been extremely difficult to deal with and, incredibly unfaithful to hard -working majority leader John Thune, and the Republican Party itself. Make America great again! '
Kaine, who ran in vice president in addition to Hillary Clinton to Trump in 2016, said he was happy to give the Gop the chance to do it right and to vote a Trump rate.
“I really enjoy giving my Republican colleagues the chance to not only say that they are worried, but actually take an action to stop these rates,” he said.
On Tuesday, Team Trump did not seem to be put off and ready to move forward at full speed with Liberation Day.
At the briefing of the White House on Tuesday, press secretary Karoline Leavitt said that Liberation Day 'will fall as one of the most important days in modern American history. ”
The Washington Post reported on Tuesday morning that Trump would probably announce an over-the-sign 20 percent rate on most imports of the country.
Mark Zandi, the chief economist for Moody's, told the post that if that plan came into effect, this would almost immediately cause a recession that would last more than a year, and send the American unemployed rate above 7 percent.
Press Secretary of the White House Karoline Leavitt spoke the Liberation Day of Tuesday's liberation and told reporters that it will 'fall as one of the most important days in modern American history'
Whatever happens, it will test whether Trump and the worldview of his advisers about the use of rates to reduce production is accurate.
Trump's Wil-or-Wonen-Hij for rates have already created unrest at the stock market, raised the chance of a recession and began to force inflation on household items, where economic experts fear that even more price increases fear.
In anticipation of 'Liberation Day', Trump imposed a rate of 25 percent on steel and aluminum, a rate of 20 percent on the shipments from China and up to 25 percent on the good from Canada and Mexico that was not covered with the Trump-drawn trade agreement.
Last week Trump announced a rate of 25 percent for foreign cars that will take effect on 3 April.
The president has also threatened to hit a 200 percent rate on all wine and spirits of the European Union after the Europeans have announced a planned rate of 50 percent on the American whiskey.
In response to Trump's 25 percent rate on European steel and aluminum, that movement.
Moreover, he has flirted with the performance of rates for agricultural goods, wood, copper, computer chips, pharmaceutical products.
He proposed general rates on Colombia – which he dropped.
Traders work on the floor of the New York Stock Exchange on Tuesday for the most important rate announcement of President Donald Trump. The shares were opened low when the market responded to the jitters of the Liberation Day
Trump also proposed general rates about the European Union, a top -american ally; About Russia, about the war in Ukraine; on every country that buys fuel from Venezuela; And on Brics countries, because they want to develop a currency to compete with the US dollar.
Trump has set the rates for $ 800 billion in goods from 21 March, said the Washington Post.
On the eve of Liberation Day there was worldwide concern about what would come.
During Tuesday, the LeaVitt press conference would not confirm the 20 percent figure – but said that Trump had made a decision and that the announced rates would be 'in force'.
“The president said last night that he made a decision and a determination,” said Leavitt. “I don't want to be the president.”
“This is clearly a very big day. He is now with his trade and tariff team that it is perfect to ensure that this is a perfect deal for the American people and the American employee and you will discover it all from now on from now on, “Leavitt said.
On Monday evening, Trump also had 'mutual' rates aimed at countries that currently have steep import tax on American products – which would be a less extreme action than a rate of 20 percent across the board.
A lobby effort has taken place to hit it.
President Donald Trump and his economic advisers believe that the implementation of rates for import will help reduce production to the United States. Some financial experts predict that the use of large -scale rates will push the US into a recession
Leavitt confirmed that the White House had played calls from “quite a few countries that called the president and called his team about these rates.”
Even Fox News was skeptical, with Peter Doocy asked what would happen if Maganomics was wrong.
“They won't be wrong,” Leavitt pushed back. “It's going to work and the president has a brilliant team of advisers who have been studying these problems for decades.”
On Capitol Hill, while some Gop Senators have defended Trump's rates, others have been hesitant to weigh.
“We don't know what we're going to see yet, and we'll just have to wait and see what it looks like,” said Senator Mike Rounds when he was asked for the search for exemptions.
“Then we can take some provisions, but at this stage of the game it is unknown to us,” said the Republican of South Dakota.
If the rates give the US in a recession, there will probably be a remorse of buyers.
Trump was re-elected in November after President Joe Biden did not do enough to curb inflation in the years after the economic collapse of COVID-19.
The final democratic nominated, vice-president Kamala Harris, did not do enough to separate himself from Biden's economic policy, allowing Trump to claim that he was the better candidate for the economy.
The Republicans currently have full control over the congress, but economically grumbling could cost them their majorities in 2026.
