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Trump, Liberation Day and tariffs

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"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."
From CBS News
The new tariff levels are higher overall than what he’d advertised on the campaign trail, and certainly worse than markets feared: minimum tariffs of 10 percent worldwide, plus even higher tariffs fo...
From The Washington Post

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After Trump announced new tariffs on "Liberation Day," Americans react: "Buckle up and get ready for the ride"
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.
Here are the Basics on Trump's 'Liberation Day' Tariffs
All U.S. imports face a baseline 10% tariff, effective Saturday. + Higher rates will apply to partners judged "bad actors" on trade. For example, Japan faces a 24% duty and the European Union faces a 20% levy,
What One Liberal Tariff Supporter Thinks Of Trump’s 'Liberation Day'
Trump’s tariffs are a non-strategic, “broadly inflationary” tantrum backed by clearly contradictory rationales, according to trade expert Todd Tucker.
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
‘Liberation Day’ comes for California almonds
President Donald Trump’s trade wars are putting the California farmers and ranchers happy with his promises to deliver more water back into financial a
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, recession and tariff

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Trump predicted the U.S. markets and the country itself “are going to boom” as a result of his trade policies.
From Associated Press
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish.
From BBC
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
From Reuters

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Trump’s massive tariffs shake markets, spark recession fears
Global markets on Thursday were severely rattled by President Donald Trump’s historic tariff announcement, which threatens to throw the US and the rest of the world into a recession.
Is the U.S. Heading Into a Recession Amid Trump's Tariffs?
Trump’s “Liberation Day” moves saw the introduction of a 10% tariff on all imported goods, and additional import taxes—of varying degrees—placed on 60 other countries.The U.S. and global markets have already started to feel the impact of Trump’s tariffs,
Trump predicts the markets and the country ‘are going to boom’ as a result of his global tariffs
As markets plummeted around the world Thursday following President Donald Trump's announcement of wide-ranging global tariffs, Trump predicted the U.S. markets and the country itself "are going to boom" as a result of his trade policies.
Trump's tariffs on China, EU and more, at a glance
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order,
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."
Big Take: Trump’s Reciprocal Tariffs and What’s Next
Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations. China now faces a tariff well above 50% on many goods.
Instant view: Hefty Trump tariffs surprise markets, stocks slide
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.
What does Trump's tariff announcement, stock market drop mean for you?
As the stock market recoiled from Pres. Donald Trump's announcement of reciprocal tariffs on what he called "Liberation Day," many average Americans feared for the cost of goods, their retirement savings,
Stock market plunges after Trump tariff announcement
The markets closed down around 4% after President Donald Trump’s announcement to slap reciprocal tariffs on global trading partners. The S&P 500 fell 4.8%, while the Nasdaq fell 6% — both their worst since 2020.
Trump’s tariffs on China upended TikTok deal at the last minute
The White House had finalized a TikTok divestment deal earlier this week before President Donald Trump’s “Liberation Day” tariff rollout flipped the Chinese government’s position on the issue, the Washington Examiner has learned.
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.
US stocks slide, Trump says tariff policy will 'never change'
U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President Donald Trump's "Liberation Day" levies. The Dow Jones Industrial Average plummeted 1,
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.
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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,
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.”
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.
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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