Trump to announce tariffs on 'Liberation Day'

President Donald Trump has promised to roll out a set of tariffs that he says will free the United States from a reliance on foreign goods. Trump has said he’ll impose "reciprocal" tariffs to match the duties that other countries charge on U.S. products. He has argued that tariffs protect U.S. industries from unfair foreign competition, raise money for the federal government and provide leverage to demand concessions from other countries.