Liberation Day, Tariff
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Economists say the heavy tariffs will push up inflation and hinder the U.S. economy if they are not walked back soon.
From Investopedia
Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negoti...
From U.S. News & World Report
The Trump administration has reversed sweeping cuts in emergency food aid to several nations while maintaining them in Afghanistan and Yemen, two of the world’s poorest and most war-ravaged countries...
From Houston Chronicle
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First, here's a quick summary of the tariff situation. Trump proclaimed April 2 "Liberation Day," suggesting that his tariff announcements represented economic freedom for the U.S. In early March, Trump initially spoke of tariffs on imports from Canada, China, and Mexico, then said he would announce the complete plan a month later.
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he ... easing cycle in January to monitor the impact of tariffs, in an uncomfortable position. For Anthony Saglimbene, chief market strategist at Ameriprise Financial ...
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Stocktwits on MSNTrump’s Liberation Day Impact – Steel Stocks Tumble With Broader Market, UBS Flags Tariffs As 'Incremental Negative' For These CompaniesSteel stocks fell sharply in pre-market trading Thursday after President Donald Trump's "Liberation Day" tariffs took effect, bringing in a 10% duty on all countries and additional reciprocal tariffs across 185 nations.
While there are a few concerns that have investors' attention at the moment, including a forecasted contraction in first-quarter gross domestic product, along with the historic priciness of stocks, perhaps the prevailing issue for the stock market is President Donald Trump's tariff policy.
which he has called “Liberation Day.” The 25% tariffs planned against Canada and Mexico will also be in addition to global reciprocal tariffs, according to the National Association of Home Builders. The tariffs will impact building materials such as ...