President Donald Trump is set to gamble the success of his second term, the economy and the personal finances of millions of Americans this week on his long-held belief that tariffs can re-create a golden age of US wealth and independence.

His repeated designation of the term is a sign of just how much importance Trump places on tariffs, an obsession of his since the 1980s. Dozens of other countries recognize their own form of liberation days to recognize events such as overcoming Nazi Germany or the end of a previous political regime deemed oppressive.

Tariff news has led to a volatile stock market over the past few months, but retail investors have been happy to use that as an excuse to buy the dip.

U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme Court

Donald Trump has spent his first months in the White House railing against the US’s largest trading partners, accusing them of cheating America and taking advantage of the world’s largest economy. “For DECADES we have been ripped off and abused by every nation in the World,