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Trump prepares to unveil reciprocal tariffs

Trump prepares to unveil reciprocal tariffs

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US President Donald Trump's plan to impose tariffs on foreign imports, dubbed "Liberation Day," is set to take effect on Wednesday, April 2. The tariffs are expected to be reciprocal, matching the levies imposed by other countries on US exports.

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Anthony Albanese
Australian Government
1. The idea that we would weaken biosecurity laws is like cutting off your nose to spite your face. In order to defend the exports that total less than 5% of Australia's exports, you undermine our biosecurity system. Not on my watch.
Mark Carney
Liberal Party
1. With challenging times ahead, Prime Minister Carney and President Sheinbaum emphasised the importance of safeguarding North American competitiveness while respecting the sovereignty of each nation.
Ursula Von Der Leyen
European Commission
1. This is the largest and most prosperous trade relationship worldwide. We would all be better off if we could find a constructive solution.
2. The EU will continue to seek negotiated solutions, while safeguarding its economic interests.
3. So many Europeans feel utterly disheartened by the announcement from the United States.
4. Europe holds a lot of cards, from trade to technology to the size of our market. But this strength is also built on our readiness to take firm counter measures if necessary.
5. I continue to stand up for Australia and have said very clearly we won't compromise and negotiate on our PBS, on our biosecurity, on our media bargaining code. I will stand up for Australia.
Jonathan Reynolds
Labour Party
1. It is going to work, and the president has a brilliant team of advisers who have been studying these issues for decades, and we are focused on restoring the golden age of America and making America a manufacturing superpower.
Tim Kaine
Democratic Party
1. Often in the Senate, everything is pretty predictable. This is one where it's not particularly predictable.
Thom Tillis
Republican Party
1. We need to fight battles with our foes first and then try to figure out any inequalities with our friends second.
Karoline Leavitt
Republican Party
1. If you look at the unfair trade practices – we have 50% (tariff) from the European Union on American dairy and a 700% tariff from Japan on American rice. You have a 100% tariff from India on American agricultural products and nearly 300% from Canada on American butter and cheese.
2. April 2, 2025, will go down as one of the most important days in modern American history.
Donald Trump
Republican Party
1. You're going to see in two days, which is maybe tomorrow night or probably Wednesday.
2. We're going to be very nice, relatively speaking, we're going to be very kind.
3. We are going to be very nice by comparison to what they were. The numbers will be lower than what they have been charging us, and in some cases, maybe substantially lower.
4. Relatively speaking, we're going to be very kind.
5. It's really, in a sense, a rebirth of our country.
6. Republicans in the Senate MUST vote to keep the National Emergency in place.
7. I heard that India is going to be dropping its tariffs substantially. A lot of countries are going to drop their tariffs.

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