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Trump, Liberation Day and tariffs

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Overview
CBS News |
Mr. Trump said his administration determined the tariff rate for each country based on the monetary levies those nations charge on U.S. imports, as well as non-monetary trade barriers like regulation...
The Washington Post |
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.

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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.
Gavin Newsom Tries Making End Run Around Trump’s ‘Liberation Day’ Tariffs
Democratic California Gov. Gavin Newsom said Friday he’s seeking direct trade agreements with foreign governments to spare his state from
How we got to Liberation Day: A look at Trump’s past comments on tariffs
President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly accused foreign countries of ripping off the U.S.
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
Trump's Tariffs Aren't Strictly Reciprocal. Here's How He Calculated Them
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods
Trump’s Tariff Push Is a Race Against Time, and Potential Voter Backlash
President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers, will likely raise prices for U.S. consumers, and threatens to sharply slow the econom

Trump, Mexico and tariff

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Top News
Overview
Impacts
Reuters |
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's glo...
Reuters |
Experts say it will take years to rekindle U.S. manufacturing, alter supply chains and bring home production, the goals Republican Trump and his supporters suggest his tariffs will achieve.
CNN |
The tariffs, Trump said, “are going to give us growth.”

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Analysis-Mexico free trade with US may survive as Trump spares it from new tariffs, hits rivals
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's global tariffs list,
Trump’s new tariff plan gives exemptions to Canada, Mexico, pharma, other sectors — for now
As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.
What's in Trump's sweeping new tariff plan?
President Donald Trump unveiled sweeping new tariffs on Wednesday, which the White House dubbed "Liberation Day." "This is one of the most important days in my opinion in American history," Trump said during a press conference at the Rose Garden,
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday
U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all
Highlights from Trump's "Liberation Day" tariff announcement and early reactions
President Trump on Wednesday announced major tariffs, including a 10% baseline tariff for all U.S. trading partners. CBS News reports on what Mr. Trump referred to as "Liberation Day."
Trump just massively escalated his trade war. Here’s what he announced
President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
The Trump Tariffs Are How Everything Works Now
Elon Musk and DOGE have taken a blowtorch to federal agencies. But the tariffs are a helpful reminder that it's Donald Trump who's fiddling while it all burns.
Larry Summers says Trump’s ‘masochistic’ tariffs will cost $300,000 per family of four
Former Treasury Secretary Larry Summers has come out as one of the fiercest critics of President Trump’s “Liberation Day” tariffs. The economist said an hour of rhetoric has likely never caused so much economic damage,
A running list of companies that have talked about raising prices due to Trump's tariffs
Trump's tariffs announcement has companies scrambling as their costs increase. Here's which companies have hinted at raising prices.
Chinese State Media Rebuke Trump’s Tariffs With AI Song and Videos
CGTN isn’t the only state media outlet to use AI to slam Trump’s trade policy. New China TV, the English-language social-media-focused brand of China’s official state news service Xinhua, also published on April 3 a three-minute, 18-second sci-fi short called “T.A.R.I.F.F.”
Wharton’s Jeremy Siegel calls Trump’s tariffs the ‘biggest policy mistake in 95 years’
President Donald Trump unveiled sweeping reciprocal tariffs on what he deemed “Liberation Day” earlier this week. The tariffs and threat of a global trade war sent Wall Street spiraling, and some are saying it’s Smoot-Hawley all over again.
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US stocks slide, Trump says tariff policy will 'never change'
In a social media post hours later, Trump signaled a commitment to the tariff policy. "TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY,
Most avocado imports to be duty-free after Mexico misses brunt of Trump's tariff orders
About 87% of the avocados being imported to the US come from Mexico. After Trump's Liberation Day orders, the popular fruit will still come tariff-free.
Cocoa, coffee, sugar prices slide as markets remain rattled by Trump tariffs
World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump's sweeping 'Liberation Day' tariffs, especially after China retaliated with its own tariffs on U.
‘Daily Show’ Flips Trump’s Unhinged Tariff Metaphor Into A Perfect Punchline
Trump wrote in all-caps on his Truth Social platform: “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE. MAKE AMERICA GREAT AGAIN!!!”
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