NPR News: 04-02-2025 5AM EDT

Speaker 00:00

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Dave Mattingly· Host0:14

Live from NPR News in Washington, I'm Dave Mattingly. President Trump is expected to begin rolling out his latest round of tariffs today. NPR's Tamara Keith says the president has described this as Liberation Day.

Tamara Keith0:32

President Trump has been hyping up this day for weeks, saying tariffs will boost the US economy, even though most economists say the cost of tariffs will be paid by American consumers. Press Secretary Caroline Levitt says one of Trump's goals is to build back a domestic manufacturing base in the US.

Caroline Levitt· Soundbite0:50

It's simple: If you make your product in America, you will pay no tariffs.

Tamara Keith0:55

Manufacturing in the US, however, is generally more expensive. Levitt says tariffs will take effect immediately, though Trump has also said he is open to negotiation. So whatever is announced today may not be where the tariffs ultimately land. Tamara Keith, NPR News, the White House.

Dave Mattingly· Host1:13

Additionally, Trump's 25% tariffs on US imports of cars and auto parts take effect tomorrow. Democratic Senator Cory Booker of New Jersey now holds the record for the longest continuous speech on the Senate floor. Booker rallied against President Trump's policies