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Trump's Liberation Day tariffs slapped down by Senate

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The Baltimore Sun |
President Donald Trump is set to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike.
The Financial Times |
Trump has elevated tariffs to rates last seen after passage of the infamous Smoot-Hawley Act in the Great Depression.
Reuters |
The threatened levies could be particularly damaging for U.S. companies in sectors already slapped with the duties, with administration officials saying all of Trump's tariffs, including prior rates,...

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What to know about Trump’s ‘Liberation Day’ tariffs announcement
Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the U.S. But American businesses and financial markets are unlikely to be freed from the uncertainty generated by his often stop-and-go trade policy.
See the full list of reciprocal tariffs by country from Trump's "Liberation Day" chart
President Trump announced reciprocal tariffs on about 60 countries, including China and the European Union. Here's the list.
Key takeaways from Trump’s ‘Liberation Day’ tariffs
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Donald Trump’s beautiful trade war
Countries will struggle to figure out how Trump’s officials calculated each specific rate, which he said was based on a mix of tariffs, subsidies and currency manipulation. A few, such as Brazil and the UK,
Here's how Trump's tariffs on China, EU and more will work
Donald Trump announced a sweeping new set of reciprocal tariffs on Wednesday, arguing that they would allow the United States to succeed. "This is one of the most important days in my opinion in American history,
Markets on high alert ahead of Trump's tariff plan reveal
Global investors are close to getting some clarity on the Trump administration's tariff plans on Wednesday, but with little detail on what to expect, financial markets remain on edge.
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.
Watch: President Trump announces new tariffs on all imports to US
US President Donald Trump has announced a universal "baseline" 10% tariff on imports into the US, on what he has dubbed "Liberation Day". Trump also unveiled a 10% tariff on UK goods and 20% on EU goods in a watershed moment for global trade.
Donald Trump’s tariffs in brief: universal levies and targeted retaliation
Your guide to what the 2024 US election means for Washington and the world Donald Trump announced sweeping new tariffs on US imports on Wednesday, taking the global economy into a new era of trade competition.
Treasury Secretary Bessent tells countries not to retaliate after sweeping 'Liberation Day' tariffs
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on 'Special Report.'
Trump unveils his double-digit 'Liberation Day' reciprocal tariffs on China, Taiwan, and a slew of other key trading partners
President Donald Trump announced reciprocal tariffs and a 25% tariff on car imports on his much-anticipated "Liberation Day" tariff rollout.
Liberation Day: How Stock Markets Are Reacting
Global markets are tense as investors await President Donald Trump's much-anticipated "Liberation Day" tariff announcement.
5 Midday Must-Reads: Liberation Day Is Here, Elon Musk Is in Disarray and More
Wisconsin voters issued Elon Musk a stinging rebuke in Wisconsin’s state Supreme Court race by electing left-leaning Judge Susan Crawford over Republican-backed candidate Brad Schimel 55% to 45%, cementing a liberal majority on the court. The win gave Democrats a chance to take potshots at Musk, who poured millions into the race. Read more.
Wall Street isn’t celebrating ‘Liberation Day’
On Wall Street, the markets have gone through weeks of extreme volatility amidst concerns about what a spike in tariffs will do to the economy. The financial sector, in particular, remains skittish about the exact scope and breadth of what Trump will announce at his pomp and circumstance-filled Wednesday presser.
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