Trump set to unleash ‘Liberation Day’ tariffs
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CBS News |
"I think it's a very sad situation that farmers are the ones who helped put him into office, and we are the ones who are taking the hit."
The Economist |
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
Yahoo |
The 10 percent baseline goes into effect April 5.
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Global markets are tense as investors await President Donald Trump's much-anticipated "Liberation Day" tariff announcement.
After Trump's 'Liberation Day' on April 2, the stock market has plummeted, leading to the largest free fall since the COVID-19 pandemic tanked the economy in 2020. Experts are already offering tips to
4don MSN
On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the year to 4.6%, making it the worst quarter in two-and-a-half years.
Trump's new universal tariffs ripple through global markets, driving volatility higher and accelerating investor migration toward Bitcoin, stablecoins, and offshore crypto assets.
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