Trump, Liberation Day and tariffs
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TIME |
Trump announced “reciprocal” tariffs on imports from nearly every nation on earth—allies and adversaries alike—in a move that is expected to rock the U.S. economy and will upend global trade.
The Washington Post |
The new tariff levels are higher overall than what he’d advertised on the campaign trail, and certainly worse than markets feared: minimum tariffs of 10 percent worldwide, plus even higher tariffs fo...
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As the chaotic and eventful day comes to a close and the economic ground continues to shift rapidly, here are 25 numbers that illuminate the shockwaves rattling markets across globe over the last 24 hours. 5.97% — Today’s decline in the NASDAQ Composite, a stock market index that includes almost all stocks listed on the Nasdaq stock exchange.
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,