Big changes are coming to international trade. A new U.S. strategy is set to apply reciprocal tariffs on all countries—not just the ones with the biggest trade gaps like China or Europe.

This fresh approach, informally being called “Liberation Day,” is expected to be officially announced this Wednesday. The goal? To give American industries a fighting chance and use tariffs as leverage to negotiate fairer trade deals across the board.

🔄 What’s Different This Time?

In the past, tariffs mainly targeted specific imports—like steel, aluminum, and cars—from countries with large trade surpluses. But now, the new plan would expand tariffs to include a wider range of countries—possibly 10 to 15 nations—based on how off-balance their trade relationships are with the U.S.

A senior official put it simply: “All countries would be included.” And that’s stirred up plenty of conversation among economists, trade experts, and global partners.

🏗️ Why the Shift?

Supporters of the plan argue that current trade rules hurt U.S. industries, especially manufacturing. The hope is that this broader tariff strategy will not only level the playing field but also bring jobs and production back to American soil.

Critics, on the other hand, warn that it could spark retaliation from other countries and lead to higher prices for consumers.