## Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

Authored by apnews.com

Trump said he was acting to bring in hundreds of billions in new revenue to the U.S. government and restore fairness to global trade.

Trump declared a national economic emergency to levy the tariffs.

Trump was fulfilling a key campaign promise as he imposed what he called “reciprocal” tariffs on trade partners, acting without Congress under the 1977 International Emergency Powers Act.

The administration essentially calculated its tariff rates to raise revenues equal in size to the trade imbalances with those nations.

The White House says the tariffs and other trade imbalances led to an $1.2 trillion imbalance last year.

As of now, goods that comply with the USMCA North American trade pact would be excluded from those tariffs.

Rep. Suzan DelBene, D-Wash., said the tariffs are “part of the chaos and dysfunction” being generated across the Trump administration. »

### Trump unveils his double-digit 'Liberation Day' reciprocal tariffs on China, Taiwan, and a slew of other key trading partners

Authored by businessinsider.com

On Wednesday, Trump signed an executive order announcing reciprocal tariffs on all countries that have placed tariffs on US goods.

The motivation for the reciprocal tariffs: "They do it to us, and we do it to them," Trump said.

Correction: April 3, 1:40 p.m. EST — An earlier version of this story misstated the reciprocal tariff rate on China. »

### Utah ends reduced-price school meals for kids, making them free instead. Here’s who is eligible.

Authored by sltrib.com

Utah families who currently pay reduced prices for school meals will soon get them for free after Gov. Spencer Cox approved a bill Tuesday that eliminates reduced-cost lunches.

An additional 40,000 students in kindergarten through sixth grade who currently pay reduced-price meals will now receive school meals for free after July 1 under HB100.

Right now, to receive free school meals, a family’s income must be at or below 130% of the federal poverty level — about $40,560 annually for a family of four. »

### Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins

Authored by wired.com

The Heard and McDonald Islands, known for their populations of penguins and seabirds, can only be reached by sea.

Trump announced the countries now subject to tariffs in a Wednesday press conference, using a poster as a prop.

In return, the sheet says that the US will charge "discounted reciprocal tariffs" on the islands at a rate of 10 percent. »

### Trump claims U.S. industry ‘reborn’ as he imposes sweeping tariffs on his highly touted ‘Liberation Day’

Authored by independent.co.uk

open image in gallery Donald Trump displays a list of the different tariffs his administration is imposing on countries around the world ( REUTERS ).

Perhaps mindful of this, Trump waited to announce his “liberation day” reciprocal tariffs until 4:00 PM on Wednesday.

Trump has effectively bet his entire legacy on the tariffs, ensuring that it will usher in his proposed new golden age of American prosperity. »

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