Vance Attends White House Ceremony as Trump Signs Liberation Day Tariff Order

Vice President JD Vance attended the White House ceremony on April 2, 2025, as President Trump signed Executive Order 14257 imposing a 10 percent baseline tariff on imports from virtually all countries, with higher country-specific reciprocal rates on major trading partners. The order invoked IEEPA emergency powers citing the U.S. trade deficit; equity and bond markets dropped sharply in the following week as trading partners announced retaliatory measures.