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Markets react to Trump's 'Liberation Day' tariffs

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Impacts
CBS News |
The levies will lead to higher costs for auto manufacturers, and those costs are expected to trickle down to consumers.
Yahoo |
President Trump on Wednesday announced major tariffs, including a 10% baseline tariff for all U.S. trading partners.
Fox News |
"There’s nothing liberating for those who are grappling with the high costs of food, housing, and utilities," said Illinois Gov. J.B. Pritzker, a leading Democratic voice.

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Key moments and reaction to Trump's "Liberation Day" announcement of new tariffs
Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.
Market plunge in reaction to Trump ‘Liberation Day’ tariffs
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. The
Market Reaction To Liberation Day - This Is Just The Beginning
Impact effect? Risk-off and lower Treasury yields. No break of prior ranges on market rates but it smells like they want to go lower ahead. It feels like this could unravel further negative.
Highlights from Trump's "Liberation Day" tariff announcement and early reactions
President Trump on Wednesday announced major tariffs, including a 10% baseline tariff for all U.S. trading partners. CBS News reports on what Mr. Trump referred to as "Liberation Day."
Trump to roll out sweeping tariffs. Here’s what to know.
Trump has vowed to impose “reciprocal tariffs” on all nations that he claims disadvantage American products through trade, tax, or regulatory policy.
Trump announces new tariffs on "Liberation Day"
President Trump on Wednesday announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries, as well as higher, "reciprocal" tariffs on nations that impose tariffs on U.
‘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.
US businesses brace for more pain as Trump rolls out reciprocal tariffs
U.S. President Donald Trump announced a slew of reciprocal tariffs on trading partners on Wednesday, the latest in a series of extensive duties imposed since his return to the White House earlier this year.
Stocks Tank After Hours As Trump Announces 'Liberation Day' Tariffs
Markets plummeted in after-hours trading after Donald Trump announced reciprocal tariffs on U.S. trading partners
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