Key takeaways from Trump’s ‘Liberation Day’ tariffs
- President Donald Trump announced a new universal tariff on all imports to reshape the global economy and correct perceived economic wrongs against the United States.
- Trump's latest tariffs mark the most significant escalation in U.S. Tariffs since the Smoot-Hawley Act of 1930.
- Foreign countries, including long-standing U.S. Allies, have indicated that they will respond to Trump's tariffs, risking a global trade war.
- Trump mentioned that the U.S. Bought $3 billion of Australian beef last year, but Australia would not accept U.S. Beef imports.
413 Articles
413 Articles
On “Liberation Day,” Trump Signed America Up for Stagflation
Yesterday Donald Trump announced sweeping tariffs on all of America’s trading partners, with the explicit aim of “liberating” the US from unfair trade. Not only are these efforts confused, they will lock America in a cycle of stagnation and inflation.
Late Night Debriefs After a ‘Tariff-fying’ Day at the White House
Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Just ‘Tariffic’ On Wednesday, President Donald Trump held an event at the White House to announce new international tariffs during what he referred to as “Liberation Day.” Stephen Colbert said that, thanks to Trump, “America is finally free from the tyranny of be…
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