Trump's 'Liberation Day' tariffs
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The Wall Street Journal |
All U.S. imports face a baseline 10% tariff, effective Saturday.
NBC News |
President Donald Trump unveiled tariffs this afternoon on potentially trillions of dollars' worth of imports, an action he has called "Liberation Day."
The New York Times |
The countries with the world’s biggest economies reacted swiftly on Thursday to President Trump’s latest round of tariffs, warning that the levies were risking an all-out trade war that could upend t...
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51mon MSN
The iPhone maker faced its biggest one-day drop in five years as investors panicked over Donald Trump's heavy tariffs on its supply chain hubs.
Senate resolution: N.J. Sen. Cory Booker held the Senate floor for a record-setting 25-hour speech against Trump’s agenda. It inadvertently delayed a vote to nullify the emergency declaration behind tariffs on Canada, which could have enough GOP votes to pass. [Yahoo News/USA Today]
Canada responded to Trump's tariffs and announced 25% tariffs on all U.S. vehicles that are not compliant with the United States-Mexico-Canada Agreement.
If the average tariff rate passes 20%, that could push the US into stagflation territory and give the economy a growth shock, Citi says.
Trump unveiled the new tariffs in a ceremony at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" event.