White House Press Secretary Karoline Leavitt said on Tuesday (April 1) that the U.S. is preparing to announce a battery of new trade tariffs on April 2, saying the days of America "being ripped off are over." - REUTERS
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00:00The President said last night he has made a decision and a determination.
00:03I was with him in the Oval Office earlier, and he is going to announce that decision
00:07tomorrow.
00:08I don't want to get ahead of the President.
00:09This is obviously a very big day.
00:11He is with his trade and tariff team right now, perfecting it to make sure this is a
00:15perfect deal for the American people and the American worker, and you will all find out
00:19in about 24 hours from now.
00:21And are the car tariffs going to go into effect on April 3rd as scheduled?
00:25Correct.
00:26Yes, they will.
00:27Okay.
00:28But what if they're wrong?
00:29It's not going to be wrong.
00:30It is going to work.
00:31And the President has a brilliant team of advisors who have been studying these issues
00:35for decades, and we are focused on restoring the golden age of America and making America
00:41a manufacturing superpower.
00:44My understanding is that the tariff announcement will come tomorrow.
00:47They will be effective immediately, and the President has been teasing this for quite
00:51some time, as you know.
00:52He's talked a lot about April 2nd as Liberation Day in America.
00:55It would be taking place today if not for April Fool's Day, but tomorrow will be the
01:00day, and he's been talking about it for a while, and as a result, you've seen these
01:03companies make commitments to investing right here in the United States.