Wednesday, April 2, 2025
All civic learning topics for this day
Today's Topics
Executive Order 14257 invokes IEEPA for 25% South Korea duties
On April 2 2025 President Trump signed Executive Order 14257 imposing a 25 percent tariff on most South-Korean goods. The order declared a national-security trade emergency and gave allies 90 days (until July 8) to negotiate exemptions.
Commerce Department imposes 25% duties on Samsung and LG imports
Trump imposed 25% tariffs on South Korea April 2, 2025, forcing Samsung and LG to consider relocating TV/appliance production from Mexico while threatening smartphone manufacturing, before reaching July deal reducing duties to 15% plus requiring $350 billion South Korean investments and $100 billion LNG purchases controlled by Trump.
White House invokes IEEPA against 185 nations in \\\"Liberation Day\\\" tariffs
Trump declared "Liberation Day" April 2, 2025, imposing "reciprocal" tariffs on 185 countries using International Emergency Economic Powers Act, ranging 10-50% with 34% on China, 20% on EU, triggering "most significant protectionist action since 1930s" and largest stock market crash in history before federal appeals court challenges.
Commerce Department triggers EU retaliation under WTO dispute rules
Trump imposed "reciprocal" EU tariffs April 2, 2025, using emergency powers claiming EU charges 39% while actual rates near 3%, as EU prepares $95 billion counter-tariffs targeting U.S. exports in escalating transatlantic trade war.