Trump, Liberation Day and April 2
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USA TODAY |
Trump is expected to enact reciprocal tariffs on major trading partners on Wednesday, particularly those that contribute the most to the $1.2 trillion U.S. trade deficit.
Raleigh News & Observer |
As a base, Trump placed 10% tariffs on all trade partners, with higher tariffs targeting countries like China, Vietnam and the members of the European Union.
Houston Chronicle |
Top White House economic adviser Kevin Hassett acknowledged that other countries are “angry and retaliating,” and, he said, “by the way, coming to the table.”
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It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.
President Donald Trump is expected to apply sweeping tariffs on US imports on April 2, which he has called “liberation day”. But if US trade partners decide to hit back with tit-for-tat ...
Asian markets plunged on Monday following last week’s two-day meltdown on Wall Street, and President Donald Trump said he won’t back down on the sweeping new tariffs he announced on April 2 that have
The president is promising widespread, worldwide tariffs to take effect this week but no one is entirely sure what he means by that yet.