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Trump, Liberation Day and tariffs

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CBS News |
If the tariffs are maintained by the Trump administration and if other nations impose retaliatory tariffs, both the U.S. and other countries "will suffer serious recessions," said Mark Zandi, chief e...
CNN |
US stocks plunged a second straight day after China said Friday it would impose 34% reciprocal tariffs on imports of US goods, a development that put a spotlight on just how much is outside of Trump’...

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See the full list of reciprocal tariffs by country from Trump's "Liberation Day" chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
Here are the Basics on Trump's 'Liberation Day' Tariffs
All U.S. imports face a baseline 10% tariff, effective Saturday. + Higher rates will apply to partners judged "bad actors" on trade. For example, Japan faces a 24% duty and the European Union faces a 20% levy,
Key takeaways from Trump’s ‘Liberation Day’ tariffs
President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.
Inside Trump’s defiant response to the markets’ tariff meltdown
President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve chairman and some allies in Congress.
Trump's tariffs set to drive up bar bills and wipe out spirits jobs
U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald Trump's reciprocal tariffs,
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from
CBP set to enforce ‘Liberation Day’ tariffs, has collected over $200M per day in additional associated revenue
The Trump administration’s latest trade offensive is underway as Customs and Border Protection (CBP) begins enforcing “Liberation Day" tariffs, pulling in more than $200 million a day.
Trump Tells Americans To 'Hang Tough' After Liberation Day Tariffs Wipe Trillions From Stock Market
Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
Trump’s ‘Liberation Day’ leaves the world trading system without a leader: ‘The era of rules-based globalization and free trade is over’
For decades, the U.S. was at the center of the rules-based trading system, thanks to the WTO and its massive consumer market. No longer.
Severity of Trump's new tariffs wipes out trillions in market value
Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.
Trump Reaffirms Tariffs in Truth Social Post. It Will Be an Uneasy Weekend for Investors.
President Donald Trump on Saturday told followers on his Truth Social platform to “hang tough” in a post reaffirming his administration’s stance on its sweeping “Liberation Day” tariffs which shook markets this week.
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Trump tariffs are weakening the dollar instead of boosting it—further adding to the price Americans will pay for costlier imports
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
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Tariffs Explained: Impacts for You as Trump Confirms Worldwide Tariff Wave
After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.
Trump’s tariffs on China upended TikTok deal at the last minute
The White House had finalized a TikTok divestment deal earlier this week before President Donald Trump’s “Liberation Day” tariff rollout flipped the Chinese government’s position on the issue, the Washington Examiner has learned.
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