Declares "national emergency" to impose sweeping global tariffs

On what he termed "Liberation Day," Trump declared a national emergency under the International Emergency Economic Powers Act (IEEPA) to impose broad reciprocal tariffs on global trading partners. The order established a minimum 10% tariff on all imports and up to 41% on specific countries, bypassing congressional approval. The move was framed as necessary to protect "national and economic security" but was widely criticized as an abuse of emergency powers to wage a trade war.

"Foreign trade and economic practices have created a national emergency." — White House Fact Sheet