Trump’s ‘Liberation Day’ tariffs are coming
Digest more
Top News
Overview
Impacts
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
From CBS News
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
From The Washington Post
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...
From Reuters
Read more on News Digest
Selling of U.S. stocks accelerated Thursday in the final hour of trading after President Donald Trump announced his latest plan for tariffs, sparking fears of a global trade war.
Four Senate Republicans helped pass a Democratic resolution opposing President Donald Trump's tariffs on Canada after White House "Liberation Day" event.
If the average tariff rate passes 20%, that could push the US into stagflation territory and give the economy a growth shock, Citi says.
Senate resolution: N.J. Sen. Cory Booker held the Senate floor for a record-setting 25-hour speech against Trump’s agenda. It inadvertently delayed a vote to nullify the emergency declaration behind tariffs on Canada, which could have enough GOP votes to pass. [Yahoo News/USA Today]
The penalties announced on Wednesday unleashed turbulence across world markets and drew condemnation from other leaders facing the end of an era of trade liberalization that has shaped the global order for decades.
Explore more