Trump, Liberation Day and Tariff
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Follow The Post’s live updates on President Trump’s “Liberation Day” tariff plan for the latest news, analysis and market reactions after he unveiled reciprocal import
Donald Trump's latest batch of global tariffs sent shockwaves through markets, seeing Apple stock slide more than six percent in late-night trading Wednesday. The president announced that blanket 10 percent tariffs on all countries and much higher levies on “worst offenders” such as China and Taiwan.
Meanwhile, tariffs on imported autos are to go into effect on Wednesday. While economists predict Trump's tariffs will raise prices in the U.S., Trump told reporters Sunday that automakers "are going to make a lot of money," suggesting the measures would encourage companies "to build in the United States."
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,
Donald Trump is preparing to unveil a raft of new tariffs on Wednesday afternoon in what the president has repeatedly billed as “Liberation Day.” Trump has promised to roll out reciprocal dollar-for-dollar tariffs on nations that levy duties on U.