US steelworker praises Trump's tariff 'Liberation Day'
Digest more
Top News
Overview
Impacts
CBS News |
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
The New York Times |
President Trump unveiled yesterday his most expansive tariffs to date, hitting all of the U.S. trading partners except Canada and Mexico with a 10 percent tariffs.
Time |
Trump announced “reciprocal” tariffs on imports from nearly every nation on earth—allies and adversaries alike—in a move that is expected to rock the U.S. economy and will upend global trade.
Read more on News Digest
3hon MSN
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
President Donald Trump announced 10% reciprocal tariffs on all countries, as well as far higher charges for some trading partners including China.
President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
US stocks plummeted at the open. The Nasdaq was down more than 4%, the 10-year Treasury yield hit its lowest level since October, and oil prices dropped 7%.
In a YouGov poll conducted shortly after Trump’s “Liberation Day” announcement, 51% of respondents said they either strongly (40%) or somewhat (11%) disapproved of the new tariffs. In contrast, about one-third of respondents, 34%, said they either strongly (15%) or somewhat (19%) approve of the new policy.
Explore more
The Trump tariffs sent U.S. markets plunging Thursday as the Dow dropped 1300 points. S&P and Nasdaq followed suit with deep losses and both gold and the U.S. dollar went sharply lower.
The Asia-focused Liberation Day tariffs “could blow up Apple,” one analyst noted, though the iPhone maker is far from the only stock sliding Thursday.
As President Trump launches sweeping new tariffs on “Liberation Day,” prediction markets bet big on global impact while crypto traders brace for volatility and political tokens like TRUMP surge in response.