Trump’s ‘Liberation Day’ 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
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.
From U.S. News & World Report
The sweeping new tariffs announced by President Donald Trump on Wednesday triggered a slump in global stock markets, with the US S&P 500 having its worst day since the impact of Covid in 2020.
From BBC
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The stock market fell significantly on Thursday after President Donald Trump’s “Liberation Day” announcement. Trump began his “Liberation Day” announcement after 4 p.m. on Wednesday, when markets closed for the day,
President Trump has set a deadline of Wednesday to announce sweeping tariffs
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.
Investors are looking for places to hide out as they wait to see how markets react to President Donald Trump’s “liberation day” tariff announcement.
After Trump's 'Liberation Day' on April 2, the stock market has plummeted, leading to the largest free fall since the COVID-19 pandemic tanked the economy in 2020. Experts are already offering tips to
Options data indicates big swings are possible in responses to Trump's tariff announcements on Wednesday. Here's what to know.
Here are some notable moves across sectors in global markets, following President Trump’s “Liberation Day” tariffs. 🍾 Alcoholic drinks Some investors turned to drink: Scotch producer Diageo and Aperol maker Campari were among the few risers in Europe.
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.