March 27, 2025- The White House is set to impose reciprocal tariffs April 2, narrowing in on a targeted set of nations that account for the bulk of foreign trade with the U.S., The Wall Street Journal reported March 23. President Donald Trump declared the deadline to be a “Liberation Day,” as the administration seeks to match the tariffs that foreign governments impose on American exports, according to Becker’s. While President Trump previously promised tariffs on industries like automobiles, pharmaceuticals and semiconductors, these tariffs are now unlikely to be announced in the April 2 rollout while maintaining planning remains fluid.