'Liberation Day' tariffs coming, at cost to U.S. allies
- President Trump planned to unveil reciprocal tariffs late Wednesday afternoon, calling April 2 'Liberation Day'.
- These tariffs stemmed from Trump's plan to shield the U.S. From what he calls unfair global trade practices.
- The tariffs impact nations, including some of America's closest allies, and are expected to be a permanent revenue source.
- Trump stated, "Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries".
- These tariffs could strain relationships with allies and negatively affect American consumers and manufacturers.
53 Articles
53 Articles
Trump's "Liberation Day": Painful mercantilist U.S. turnaround
Trump is serious about high tariffs, which will cost Americans dearly and hurt Swiss and German exporters. In order not to lead to a global economic crisis, the other countries should now exercise restraint and strengthen free trade.
'Warning sign:' Market futures nosedive as Trump touts 'Liberation Day' tariffs
President Donald Trump's announcement of new tariffs on what he is calling "Liberation Day" has already sent stock futures into a tumble.The president's new tariffs, which come after aggressive further rounds of trade barriers on a number of other countries including allied nations the U.S. has trad...

U.S. stocks up on Trump’s Liberation Day after volatile day of trading
(The Center Square) – The U.S. stock market saw another upward swing Wednesday after some ups and downs throughout the day, repeating a pattern it exhibited Monday and Tuesday leading up to the president’s tariff announcement.
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