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'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.
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The Delta NewsThe Delta News
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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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diariolarepublica.ar broke the news in on Wednesday, April 2, 2025.
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