Trump, Liberation Day and tariffs
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Trump unveiled a series of historic tariffs at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" event as part of a day his administration dubbed "Liberation Day" for the ...
From Fox News
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...
From 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...
From Reuters
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Trump, Mexico and Tariff
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The trade conflict between the world’s two largest economies reached new terrain as Beijing showed its anger with first across-the-board levies.
From The Wall Street Journal
tariffs also threaten to grind down growth for the U.S. and other economies, while worsening inflation when it may be stuck above the Federal Reserve’s 2% target.
From The Hill
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U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President Donald Trump's "Liberation Day" levies. The Dow Jones Industrial Average plummeted 1,
Trump first slapped a 10% blanket tariff on all imports into the U.S., including from uninhabited islands, such as the Heard and McDonald islands, and on places with which the U.S. runs a surplus, such as the U.
Trump wrote in all-caps on his Truth Social platform: “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE. MAKE AMERICA GREAT AGAIN!!!”
From home goods and furniture to soft toys, sneakers and athletic apparel, a slew of U.S. companies have tapped into Vietnam in recent years in an attempt to reduce their reliance on China. They’re now taking a hit after Trump hit the Southeast Asian country with a hefty 46% tariff in his “liberation day” announcement that targeted nations around the world.
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CGTN isn’t the only state media outlet to use AI to slam Trump’s trade policy. New China TV, the English-language social-media-focused brand of China’s official state news service Xinhua, also published on April 3 a three-minute, 18-second sci-fi short called “T.A.R.I.F.F.”
For now, the only (unwilling) subjects of Trump’s “liberation” were investors, who parted with the oppressive weight of their stock returns.
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,