Liberation Day, Trump and Tariffs
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Trump has repeatedly called April 2 "Liberation Day."
From USA TODAY
The Trump administration has declared an “economic emergency” to bypass Congress and impose a 10% tariff on nearly all countries and territories.
From U.S. News & World Report
“I think it's going very well.”
From Time
Read more on News Digest
Trump's announcement of mass tariffs on nearly all U.S. imports on April 2 immediately caused the stock market to free fall, according to a report from NBC News. On Thursday, the
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Stocktwits on MSNTrump’s Liberation Day Impact – Steel Stocks Tumble With Broader Market, UBS Flags Tariffs As 'Incremental Negative' For These CompaniesSteel stocks fell sharply in pre-market trading Thursday after President Donald Trump's "Liberation Day" tariffs took effect, bringing in a 10% duty on all countries and additional reciprocal tariffs across 185 nations.
Trump’s “Liberation Day” moves saw the introduction of a 10% tariff on all imported goods, and additional import taxes—of varying degrees—placed on 60 other countries.The U.S. and global markets have already started to feel the impact of Trump’s tariffs,