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In Donald Trump<\/strong>‘s telling, April 2 will mark \u201cLiberation Day\u201d for America \u2014 the day his sweeping tariffs will free the United States from lopsided trade deals that have hurt American workers by sending jobs overseas. But the nickname could just as easily refer to our collective liberation from the interminable waiting game the Trump administration has been playing for months, which has, to quote one financial strategist who spoke<\/a> with CNBC, \u201cbeen driving the market insane.\u201d<\/p>\n The president plans to celebrate in a Rose Garden press conference<\/a> on Wednesday. But \u201cLiberation Day\u201d is, by and large, not being received as a cause for celebration\u2014not even by the people Trump has argued will benefit most from the tariffs. In a note to workers Monday, Ford CEO Jim Farley<\/strong> said<\/a> that while he supports the president’s vision, \u201cthe impacts of the tariffs are likely to be significant across our industry.\u201d<\/p>\n According<\/a> to Reuters, other auto industry groups, including the Detroit Regional Chamber and MichAuto, have warned that the tariffs could “cause significant disruption throughout the supply chain and, perhaps most importantly, lead to significant price increases to the cost to American consumers for vehicles.”<\/p>\n Over the weekend, Trump implied<\/a> on Meet the Press<\/em> that prices would only rise on foreign vehicles. \u201cI couldn\u2019t care less. I hope they raise their prices. Because if they do, people are gonna buy American-made cars. We have plenty,\u201d he said. Of course, that calculus ignores the fact that American-made cars rely heavily<\/a> on foreign-made parts.<\/p>\n The tariffs announced Wednesday, which could reportedly impact<\/a> trillions of dollars of imports, will be in addition to the ones the Trump administration has already announced, including a 25% tariff<\/a> on imported vehicles, a 25% tariff<\/a> on steel and aluminum, a 20% tariff<\/a> on goods from China and another 25% tariff on items from Canada and Mexico.<\/p>\n Given the sweeping nature of what the Trump administration has floated and its unavoidable effect on consumers, it\u2019s not surprising that a recent poll<\/a> showed a whopping 60% of Americans disapprove of the way Trump has handled trade negotiations. The man may be a branding genius<\/a>, but we\u2019re not sure this one’s going to catch on.<\/p>\n<\/div>\n