Trump, Liberation Day and tariffs
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CBS News |
"I think it's a very sad situation that farmers are the ones who helped put him into office, and we are the ones who are taking the hit."
NBC News |
President Donald Trump unveiled tariffs this afternoon on potentially trillions of dollars' worth of imports, an action he has called "Liberation Day."
Yahoo |
The 10 percent baseline goes into effect April 5.
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Donald Trump holds up a chart of his new tariff plan at the White House on April 2 The effects of Donald Trump's "Liberation Day" tariffs are drawing concern among the millions of United States citizens who have retirement plans tied up in the stock market.
Global markets are tense as investors await President Donald Trump's much-anticipated "Liberation Day" tariff announcement.
President Donald Trump’s promised “liberation day” of tariffs is here. How investors can navigate any market volatility coming after April 2.
President Trump will announce widespread tariffs on April 2, an event he’s referring to as “Liberation Day.” The fact that Liberation Day may determine what happens to stocks next has caught the attention of veteran analyst Tom Lee of FundStrat.
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.
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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.
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.
Wednesday’s upcoming tariff announcements provide a wide range of possible outcomes. The uncertainty and downside risks to the economy and earnings have rattled markets.
The Dow Jones Industrial Average, the S&P 500, and the Nasdaq continued their selloff Friday after Trump’s “Liberation Day” tariffs.