Markets react to Trump's 'Liberation Day' tariffs
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The Bulwark |
Donald Trump’s “Liberation Day” speech, announcing mammoth new tariffs on pretty much everybody, sent markets into freefall around the world.
Seeking Alpha |
The S&P 500 began the week with three straight daily gains, but then "Liberation Day" led the index to its two worst days since March 2020.
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For U.S. companies stepping into the European single market today, they face a plethora of regulatory trade barriers masquerading under the euphemism of “harmonization.”
The details of the tariffs are still unclear, which is one reason the markets are so on edge. Political leaders are on edge as well, because Mr. Trump has made clear that the tariffs will fall on adversaries like China as well as nations that, until recently, were considered America’s closest defense and intelligence allies.
President Trump has referred to April 2 as "liberation day," marking the day he plans to impose new tariffs on imported goods. Trump argues that tariffs will create a more balanced economic ...
Stocks plunged Thursday morning as U.S. trading opened for the first time after President Trump’s announcement of heavy tariffs on nearly every nation exporting products to the United States.
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