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Trump, Liberation Day and tariffs

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Fox News |
The resolution likely won’t survive the GOP-controlled House, but its passage was a small victory for Democrats looking for their best attack line before the midterms.
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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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,
Here's what economists are saying about Trump's "Liberation Day" tariffs
President Trump is promising that his April 2 "Liberation Day" volley of tariffs will "make America wealthy again" by repatriating manufacturing jobs and reviving demand for American-made products. But many economists are taking a different view,
Senate approves resolution against Trump's Canada tariffs hours after 'Liberation Day' event
Four Senate Republicans helped pass a Democratic resolution opposing President Donald Trump's tariffs on Canada after White House "Liberation Day" event.
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.
What is 'Liberation Day'? Donald Trump promises reciprocal tariffs on April 2
President Donald Trump is touting April 2 as the day the U.S. gets "money, and respect, back." Here's why he's calling it "Liberation Day."
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%),
Trump’s new tariff plan gives exemptions to Canada, Mexico, pharma, other sectors — for now
As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.
Trump announces 'historic' tariffs as he says America's been 'looted, pillaged'
President Donald Trump on Wednesday unveiled a long-promised, sweeping set of baseline tariffs on all countries and what he described as "kind reciprocal" tariffs on nations he claimed were the worst offenders in trade relations with the U.
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China vows ‘firm countermeasures’ to Trump tariffs, EU ready to respond
China has vowed to hit back against President Donald Trump’s “typical bullying” with unspecified countermeasures, while the European Union said it was already working on its response, as allies and adversaries alike reeled Thursday from his “Liberation Day” tariffs blitz.
UK to Keep Pushing for a Trade Deal After Trump’s 10% Tariffs
The UK refrained from retaliation and said it would maintain its push for a US trade deal after President Donald Trump slapped tariffs of 10% on all imports from Britain as part of a wider global package which he dubbed “Liberation Day” for his country.
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