<\/p>\n
US Tariff Announcement Live Updates: <\/strong>US President Donald Trump is set to impose sweeping new \u00a0“Liberation Day” tariffs on Wednesday, a move that could spark a global trade war.\u00a0<\/p>\n The 78-year-old President will unveil the measures and plans in the Rose Garden of the White House at 4pm EST (1.30am IST) and the new duties would take effect immediately. A separate 25% global tariff on auto imports is scheduled to take effect on April 3.<\/p>\n According to think tank Global Trade Research Initiative (GTRI), the new tariffs could significantly impact Indian exports. A uniform tariff could leave India facing an additional tax of 4.9% compared to the current 2.8%, impacting sectors like agriculture, electronics, and pharmaceuticals, according to the GTRI’s “Reciprocal Tariffs and India” report.<\/p>\n Early Wednesday, Mr Trump posted a one-liner on his Truth Social platform: “It’s Liberation Day in America!”<\/p>\n Mr Trump for weeks has said his reciprocal tariff plans are a move to equalise generally lower US tariff rates with those charged by other countries and counteract their non-tariff barriers that disadvantage US exports. Global markets have been jittery for days ahead of the announcement, while countries most likely in the crosshairs have called for talks – even as they ready retaliatory measures.<\/p>\n Here are the Live Updates:<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" New Delhi: US Tariff Announcement Live Updates: US President Donald Trump is set to impose sweeping new \u00a0“Liberation Day” tariffs on Wednesday, a move that could spark a global trade war.\u00a0 The 78-year-old President will unveil the measures and plans in the Rose Garden of the White House at 4pm EST (1.30am IST) and the […]<\/p>\n","protected":false},"author":1,"featured_media":1653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[19],"tags":[],"class_list":{"0":"post-1670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world-news"},"_links":{"self":[{"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/posts\/1670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/comments?post=1670"}],"version-history":[{"count":1,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/posts\/1670\/revisions"}],"predecessor-version":[{"id":1671,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/posts\/1670\/revisions\/1671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/media\/1653"}],"wp:attachment":[{"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/media?parent=1670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/categories?post=1670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gunnewsusa.com\/index.php\/wp-json\/wp\/v2\/tags?post=1670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}