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Liberation Day, Trump and tariffs

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Trump is expected to enact reciprocal tariffs on major trading partners.
From USA TODAY
The climbdown provided relief, but is no return to business as usual.
From The Financial Times

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“Liberation Day” Tariffs Explained
This analysis from the CSIS Economics Program and Scholl Chair in International Business unpacks the April 2 tariff announcements from the White House.
Trump to detail tariffs coming on 'Liberation Day.' We break it down for you
Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
Canada’s PM fires back at Trump’s Liberation Day tariffs with new levy on imported vehicles
Canada will hit the US with a reciprocal 25% tariff on all imported vehicles, Prime Minister Mark Carney announced Thursday — as he called President Trump’s Liberation Day tariffs a “tragedy” for global trade.
Donald Trump bends to the power of the markets
Yet the key factor was surely the precipitous slide in the markets — above all the mighty US government bond market. White House officials’ brazen assertions that Trump ’s retreat was all part of a grand negotiating strategy were belied by his admissions about people “getting yippy”.
Americans can't stand much more liberation from prosperity and rights by Trump | Letters
Donald Trump's "Liberation Day" tariffs have liberated the United States and the rest of the world from prosperity.
Pause to Trump tariffs gives 90-day breathing room to Treasure Coast Asian markets, stores
Asian markets and grocery stores on the Treasure Coast let out a sigh of relief Wednesday when President Donald Trump ordered a 90-day postponement on most "Liberation Day" tariffs. “Our products are unique,
Canada braces for fallout from Trump ‘Liberation Day’ tariffs — including massive job losses and possible recession
Canada is bracing for the fallout of President Donald Trump’s escalating trade war, with economists warning of spiking grocery prices, major job losses and even a potential recession if threatened
Canada Issues Series of 'Liberation Day' Warnings to Donald Trump
Canadian officials have said new tariffs will hurt both economies and have pledged a firm response following Trump's announcement.
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