Trump to announce new US tariffs on 'Liberation Day'
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The levies will lead to higher costs for auto manufacturers, and those costs are expected to trickle down to consumers.
From CBS News
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threate...
From Associated Press
Foreign countries, including long-time US allies, say Trump’s tariffs won’t go unanswered, setting the stage for a global, tit-for-tat trade war that could quickly spiral out of control.
From CNN
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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.
For U.S. companies stepping into the European single market today, they face a plethora of regulatory trade barriers masquerading under the euphemism of “harmonization.”
22hon MSN
Economists fear the president’s escalating trade war could have a damaging ripple effect that drives up prices
Presented by National Council on Aging{beacon}Trump set to reveal sweeping tariff plans President Trump’s long-awaited day of reciprocal tariffs has arrived. The president is expected to
17h
New York Magazine on MSNWhat Do Polls Say About Public Support for Trump’s Tariffs?Americans aren’t big fans of tariffs, and they’re also worried generally about Trump’s ability to rein in prices.
Guess we’re really doing this, huh? Happy Thursday.
The president is promising widespread, worldwide tariffs to take effect this week but no one is entirely sure what he means by that yet.
President Donald Trump said the United States will put at least a 10% tariff on all goods coming into the country, with much higher tariffs for some of America's closest trading partners, in a sweeping move that could revamp global trade and the U.S. economy.
Based off Trump's public statements, April 2 is at least the third “liberation day” that he has identified. At a rally last year in Nevada, he said the day of the presidential election, Nov. 5, would be “Liberation Day in America.” He later gave ...