On April 2, 2025, President Trump proclaimed 'Liberation Day' in the White House Rose Garden, unveiling aggressive tariffs including a sweeping 25% on auto imports. He claimed this move is essential for reviving U.S. industry and reducing reliance on foreign goods. However, experts caution that these tariffs could lead to recession, rising inflation, and strained relations with major trading partners like Canada, Mexico, and the EU, who have expressed plans for retaliatory measures. Despite concerns, Trump and his allies maintain that the tariffs are necessary to correct historical trade imbalances and bolster domestic manufacturing.