Trump, Liberation Day and tariffs
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ABC News |
U.S. stocks closed up on Wednesday ahead of President Donald Trump's announcement of sweeping tariffs, which the White House dubbed "Liberation Day."
U.S. News & World Report |
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods.
USA Today |
If the new tariffs go into effect as scheduled, imports will become more expensive.
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Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
The stock market fell significantly on Thursday after President Donald Trump’s “Liberation Day” announcement. Trump began his “Liberation Day” announcement after 4 p.m. on Wednesday, when markets closed for the day,
President Donald Trump’s promised “liberation day” of tariffs is here. How investors can navigate any market volatility coming after April 2.
At the same moment President Donald Trump claimed his universal tariffs were sure to send the stock market rocketing upward, unbeknownst to him, the values of the world’s largest companies were falling off a cliff.
2don MSN
What President Donald Trump has billed as “liberation day” is here, but investors may need to wait until after the stock market’s close to learn the details of his latest plan for tariffs.
The New York Stock Exchange opening bell rings to start the day's trading after President Donald Trump announced his plans for sweeping tariffs on April 2.
It’s the rules of battle investors should pay attention to now that President Donald Trump has launched a full-bore trade war against enemies and allies alike.“Liberation Day,” as Trump dubbed the announcement of broad tariffs on U.
Overseas markets also slid Friday. In overnight trading in Asia, Tokyo's Nikkei 225 lost 2.8%, while South Korea's Kospi sank 0.9%. Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for holidays, limiting the scope of Friday's sell-offs in Asia.
Tomorrow is what President Trump calls "Liberation Day" as he is expected to announce new tariffs. NBC News' Melanie Zanona reports more from Capitol Hill. Also, NBC News' Christine Romans joins Katy Tur to provide more insight on the markets and the potential economic impact.