Trump, liberation day and reciprocal 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.
CNN |
Trump is set to gamble the success of his second term, the economy and the personal finances of millions of Americans this week on his long-held belief that tariffs can re-create a golden age of US we...
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World braces for impact as Donald Trump’s reciprocal tariffs take effect on April 2: What to expect?
Donald Trump will unveil his “Liberation Day” tariff plan on April 2, imposing reciprocal duties on all nations, including autos and metals. Details remain unclear, but he has hinted at extra tariffs on Russian and Venezuelan oil.
President Donald Trump has announced that on April 2 he will impose tariffs on countries engaged in “non-reciprocal” trade with the United States, but the formula for calculating reciprocal tariff
22hon MSN
Stock-market investors hope President Trump’s April 2 tariff announcements will provide much wanted certainty. They shouldn’t count on it.
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.
U.S. President Donald Trump still intends for new reciprocal tariff rates to take effect on April 2, the White House said on Tuesday, despite earlier comments from Treasury Secretary Scott Bessent that indicated a possible delay in their activation.
Analysts predict that reciprocal tariffs starting April 2 may impact equity markets, along with overseas market trends and FII activity. Investors will also focus on global developments, PMI data, rupee-dollar trends,
Trump has repeatedly said he will announce details Wednesday for his plan to slap tariffs on countries around the world.
Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world's largest economy. Spot gold was up 0.6% at $3,036.