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World braces for Trump tariffs on 'Liberation Day'

Author
CNBC International
Published
Wed 02 Apr 2025
Episode Link
None

President Trump’s much-awaited Liberation Day arrives with nations braced for a wave of sweeping reciprocal trade tariffs to be announced with immediate effect at a Rose Garden event later today. The UK is still hopeful of achieving an 11th-hour tariff deal while Brussels pledges a ‘strong plan’ in retaliation. Tesla sales continue to fall following strong competition from rival Chinese manufacturers and political activism against CEO Elon Musk on the Continent. And in media news, venture capitalist Andreessen Horowitz are reportedly looking to invest in TikTok ahead of a deadline for Chinese owner ByteDance to sell up or face a ban in the U.S.

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