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Liberation Day’ sparks a fierce debate—how will these tariffs affect you?

United States: A seismic shift in economic policy under President Donald Trump is on the immediate horizon as his long-heralded tariff edict is slated for swift enactment. The White House divulged on Tuesday that the expansive import levies would be implemented “instantaneously” following their formal announcement.

Despite an air of ambiguity—perhaps even within the uppermost echelons of the administration—this decree, ominously dubbed “Liberation Day,” signifies a dramatic intensification of Trump’s aggressive tariff-driven economic doctrine. With an official proclamation expected at 4 p.m. ET on Wednesday in the Rose Garden, the president is poised to unveil his most audacious protectionist stratagem to date, as per CNN reports.

Trump has steadfastly wielded tariffs as a quintessential tool to rectify economic disparities. However, his unwavering commitment has incited consternation among investors, economists, and corporate leaders who caution that such sweeping levies could engender economic dislocation outweighing any projected benefits...

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