Trump announces new tariff policy on 'Liberation Day'
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Trump unveiled a series of historic tariffs at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" event as part of a day his administration dubbed "Liberation Day" for the ...
From Fox News
U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partner...
From Houston Chronicle
President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not wo...
From U.S. News & World Report
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Donald Trump is expected to announce sweeping tariffs on what he's been calling "Liberation Day." Here's what we know.
They could not have imagined a president would use emergency authority to bypass Congress and impose tariffs on the entire world.”
Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
All U.S. imports face a baseline 10% tariff, effective Saturday. + Higher rates will apply to partners judged "bad actors" on trade. For example, Japan faces a 24% duty and the European Union faces a 20% levy,
23hon MSN
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.
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President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
Per an Axios breakdown: "The formula is to divide the U.S. trade deficit with each country by that country's exports to the U.S. The final reciprocal tariff was then divided by 2, with a minimum of 10% (which applies even to those countries with which the U.S. has a trade surplus)."
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Today’s Forbes Daily newsletter covers Wall Street souring on Trump, the biggest billionaire tariff losers, DOGE cuts worsen March layoffs and more.