Trump announces new tariff policy on 'Liberation Day'
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"It's our declaration of economic independence," the president said in the White House Rose Garden.
From CBS News
Reciprocal tariffs are calculated to balance bilateral trade deficits between the U.S. and each of its trading partners.
From USA Today
His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s, before the invention of the automobile, aspirin, and the incan...
From The Atlantic
Read more on News Digest
Here's how Trump's latest tariffs could impact mortgage rates and homebuilding costs in a market that's already fraught with affordability woes.
2don MSN
Modelling of how Trump’s tariffs will hit global trade suggests the US will be the biggest loser – while a few nations may emerge as surprising winners.
In a bold move that echoes through both economic and political landscapes, President Donald Trump has unveiled plans to impose what he calls the largest set of new trade barriers in generations, dubbing the initiative 'Liberation Day.
President Trump is set to unveil sweeping "reciprocal tariffs" on April 2, targeting all trading partners. Countries worldwide, including the UK, China, Japan, and India, are scrambling to respond to the potential economic fallout.
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.
Trump has dubbed April 2 "Liberation Day," as he plans to roll out new tariffs. However, the new tariffs could have negative impacts in Louisiana.
Trump's "Liberation Day" tariffs are causing market uncertainty and stagflation ... Fed Chair Powell speaks Friday, but he’s likely to stay neutral, focusing on future economic data to guide decisions. I expect ISM business surveys to show negative ...
Canada is bracing for the fallout of President Donald Trump’s escalating trade war, with economists warning of spiking grocery prices, major job losses and even a potential recession if threatened