As it happened: Donald Trump announces 20% tariffs on EU imports to US as part of 'Liberation Day'

Follow our live coverage as the US president unveils a wave of tariffs expected to impact global trade

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)

US president Donald Trump has announced a wave of tariffs in what he is calling 'Liberation Day.'

The tariffs — otherwise known as a tax on imported or exported goods — were announced in the Rose Garden and include a 20% tariff on the EU.