Knowledge Tree
Liberation Day tariffs
Also known as: Liberation Day tariff rate, Liberation Day tariff, Liberation Day tariffs, Liberation Day tariff plan
Facts (10)
Sources
Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org Mar 17, 2026 9 facts
measurementThe US-Cambodia trade agreement reduces the Liberation Day tariff rate from 49 percent to 19 percent.
measurementThe U.S.-Vietnam trade agreement reduced the Liberation Day tariff rate from 46 percent to 20 percent.
measurementThe U.S.-EU framework agreement reduced the Liberation Day tariff rate from 20 percent to 15 percent.
measurementOn April 2, 2025, the Trump administration announced a 'Liberation Day' tariff plan, which included a 10 percent 'baseline' tariff on imports from all trading partners.
measurementThe U.S.-India Interim Agreement sets a new tariff baseline, reducing the Liberation Day tariff from 25 percent to 18 percent.
measurementThe U.S.-Japan Strategic Trade and Investment Agreement reduced the 'Liberation Day' tariff rate from 24 percent to 15 percent.
measurementThe U.S.-Taiwan Agreement on Trade and Investment reduced the Liberation Day tariff rate from 32 percent to no more than 15 percent.
measurementThe U.S.-Bangladesh Agreement on Reciprocal Trade reduced the Liberation Day tariff from 50 percent to 19 percent.
measurementThe Framework for an Agreement on Reciprocal, Fair, and Balanced Trade with North Macedonia sets a new tariff baseline, reducing the Liberation Day tariff from 33 percent to 15 percent, matching the rate modification made by the White House on July 31, 2025.
Free Trade Protectionism: U.S. Tariffs Are Creating a New Trade ... itif.org Jul 7, 2025 1 fact
claimMany countries are adopting a more protectionist stance following the United States government's announcement of 'Liberation Day' tariffs.