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Trump, Liberation Day and reciprocal tariffs

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CBS News |
The reciprocal rates will become effective at 12:01 a.m. on April 9.
The Washington Post |
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
Reuters |
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...

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See the full list of reciprocal tariffs by country from Trump's "Liberation Day" chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
Here's what the smartest people in markets and economics are saying about Trump's 'Liberation Day' tariffs
"The best estimate of the loss from tariff policy is now closer to $30 trillion."Summers added that the tariffs were the most expensive and "masochistic" the US had imposed in decades.Mohamed El-Erian"The price action in global financial markets in the immediate aftermath of the US tariff announcement points to major worries about global economic growth,
‘Inflation Day Rather Than Liberation Day’: How the World Is Reacting to Trump’s Latest Tariffs
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but 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 work out.
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
‘Liberation Day’ tariff announcements stir up political frenzy
Republicans praised the president's new tariff strategy after it was announced Wednesday, insisting it will be good for Americans, but Democrats slammed it as bad for the economy and argued it will only serve to raise prices.
Trump tariffs will harm U.S. economy even without Europeean response, says Germany's Scholz
The tariffs announced by U.S. President Donald Trump will put a strain on the United States' exports as well, said German Chancellor Olaf Scholz on Thursday.
Trump rolls out sweeping tariffs as he deems deficits a 'national emergency'
Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.
Trump's latest tariffs: Here's how much more you'll have to spend on groceries, clothing and electronics, according to a new analysis
President Trump finally announced his long-awaited “Liberation Day” tariff plan: a new 10% minimum tax on all goods entering the United States from overseas plus much-larger-than-expected “reciprocal” levies on imports from major trading partners such as China (34%),
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Tariffs Explained: Impacts for You as Trump Confirms Worldwide Tariff Wave
After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.
Trump admin live updates: Former VP Mike Pence slams 'Trump tariff tax'
Secretary of State Marco Rubio is in the heart of the European drama after Trump's tariff announcement, on travel to NATO headquarters in Brussels for a ministerial meeting of the alliance.
A running list of companies that have discussed price increases due to Trump's tariffs
Trump's tariffs announcement has companies scrambling as their costs increase. Here's which companies have hinted at raising prices.
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Trump Tariffs Spark Calls to #BoycottUSA Goods
Calls for a boycott of American goods and the United States itself have circulated on social media following President Donald Trump's announcement of sweeping tariffs on countries around the world. Trump announced the tariffs on Wednesday,
Some countries targeted by Trump tariffs seek negotiations, China says 'no winners in trade wars'
World leaders have a wide range of responses to President Donald Trump's tariffs, with some making threats and others seeking negotiations for better deals.
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