Trump's 'Liberation Day' tariffs
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CBS News |
Economists say that Mr. Trump's tariff agenda, including the uncertainty surrounding it, could drag down U.S. GDP by depressing financial markets and consumer sentiment.
Reuters |
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 wa...
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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Wall Street is hoping April 2 will provide clarity on the U.S. tariff front and a reprieve from the recent market volatility.
Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would rebalance U.S. trade relationships. Trump's plan for reciprocal tariffs next week, however, is expected to be narrower than he previously vowed, though the plan remains under discussion, sources told ABC News this week.
Analysts and other industry figures have weighed in on the potential impact of US President Donald Trump's tariffs,
After considerable delays and widespread market uncertain, President Donald Trump revealed a major new wave of tariffs on April 2.
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President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said. White House Press Secretary Karoline Leavitt said Monday the announcement would feature “country-based” tariffs.