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Trump, Liberation Day and tariffs

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USA TODAY |
Trump has repeatedly called April 2 "Liberation Day."
The Economist |
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
Reuters |
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...

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Here's what the smartest people in markets and economics are saying about Trump's 'Liberation Day' tariffs
"The best estimate of the loss from tariff policy is now closer to $30 trillion."Summers added that the tariffs were the most expensive and "masochistic" the US had imposed in decades.Mohamed El-Erian"The price action in global financial markets in the immediate aftermath of the US tariff announcement points to major worries about global economic growth,
What to know about Trump’s ‘Liberation Day’ tariffs: How they work and who they hit
President Donald Trump announced sweeping tariffs on most nations Wednesday, which his administration says will free the United States from relying on other countries for trade. The president has framed these tariffs as “reciprocal” to match trade barriers that other countries impose on products from the U.
Donald Trump declares today 'Liberation Day': What does it mean?
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.
Even Americans don’t want Trump’s barmy tariffs, writes Douglas Irwin
Mr Trump’s obsession with tariffs has long been known, but he offered a kaleidoscope of ever-changing rationales for them. They would raise revenue, reshore jobs, reduce trade deficits, ensure reciprocity by providing bargaining leverage,
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
Analysis-Mexico free trade with US may survive as Trump spares it from new tariffs, hits rivals
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's global tariffs list,
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
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 would push an already fragile world economy into recession.
Watch: The UK and US fallout from Trump's tariffs
The BBC's Henry Zeffman and Anthony Zurcher explain the fallout from Donald Trump's global trade tariffs. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports.
A list of all the Trump tariffs by country
President Trump unveiled new tariffs on imports to the US which will form a central part of his government's new trade policy. In his speech, he listed the new tariffs to be imposed on a number of countries,
The World Economy Is Trapped Inside Donald Trump’s Head
Donald Trump celebrated America’s so-called Liberation Day by announcing a slew of tariffs on dozens of countries. His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s,
What is 'Liberation Day'? Donald Trump promises reciprocal tariffs on April 2
President Donald Trump is touting April 2 as the day the U.S. gets "money, and respect, back." Here's why he's calling it "Liberation Day."
Liberation Day: Trump unveils reciprocal tariffs, says US will no longer be ‘raped’ by trading partners
President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
The New Yorker1dOpinion
The Truth About Donald Trump’s “Liberation Day”
The President’s one-man trade war was already hurting the economy. His expansive new tariffs will make things worse.
Donald Trump in unhinged 'patient lived' rant after 'Liberation Day' tariffs bombshell
Donald Trump launched a bizarre rant claiming the 'patient lived, and is healing' after unveiling punitive tariffs on all imports - but his move has sent US financial markets into meltdown
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How countries are reacting to Trump’s ‘Liberation Day’ tariff announcements
President Donald Trump's sweeping reciprocal tariffs announcement on Wednesday has several countries taking varied approaches in how to respond.
'It's Just Math': How CEOs and Business Leaders Are Reacting to President Donald Trump's 'Liberation Day' Tariff Plan
Declaring yesterday "Liberation Day," President Donald Trump announced that the United States would impose a 10% baseline tariff on all imports, and higher duties on many other trading partners, including China,
Irish Star on MSN15h
Donald Trump's 'Liberation Day' tariffs may backfire like 'own goal' as experts makes chilling warning
Trump promised the US an 'extraordinary' economic boom but his sweeping tariffs could backfire and plunge the US into a recession while escalating trade wars see public support diminish
Why did Donald Trump spare Russia, North Korea from massive Liberation Day tariffs? Here's the reason he cited
President Trump has announced tariffs that target nearly every country, excluding Russia and North Korea due to existing sanctions. The US-Russia trade has drastically decreased post-sanctions over Ukraine's invasion.
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