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Trump, Liberation Day and tariffs

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Trump unveiled a series of historic tariffs at the White House’s Rose Garden on Wednesday for a "Make America Wealthy Again" event as part of a day his administration dubbed "Liberation Day" for the ...
From Fox News
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
From 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...
From Reuters

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How we got to Liberation Day: A look at Trump’s past comments on tariffs
President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly accused foreign countries of ripping off the U.S.
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.
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.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
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.
Donald Trump’s beautiful trade war
Countries will struggle to figure out how Trump’s officials calculated each specific rate, which he said was based on a mix of tariffs, subsidies and currency manipulation. A few, such as Brazil and the UK,
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.
Donald Trump triggers race to offer US concessions before tariffs hit
Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against China
Wall Street analysts anguish over ‘Liberation Day’
Liberation Day” has quickly turned into Libation Day for many Wall Street analysts, who are being forced to take Donald Trump both seriously and literally. The tariffs announced went far further than anyone had expected.

Trump, American Enterprise Institute

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Top News
Overview
Impacts
High tariffs raise the costs of production for US companies, hurting competitiveness.
From The Financial Times
President Donald Trump is set to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike.
From The Washington Post
Trump's tariffs, which he imposed via executive order, are expected to send economic shockwaves around the world.
From BBC

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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,
Trump’s tariffs are an economic emergency for Americans
Trump’s tariffs are an economic emergency. If implemented, the US’s average tariff rate would be higher than under Smoot-Hawley. They would constitute the largest tax increase since the 1968 levies to fund the Vietnam war.
Trump Just Made a Profound Statement on the Economy - Every American Will Understand What's Happening if They Listen
President Donald Trump hiked tariffs on nations around the world Wednesday, calling that day “Liberation Day” from what he contended were uneven tariffs imposed by friend and foe alike. The stock market predictably faltered as a result of the move on Thursday,
The Latest: Trump set to announce new tariffs in what he calls ‘Liberation Day’
After weeks of White House hype and public anxiety, President Donald Trump is set to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike
For Trump, tariff gamble brings political risk
He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday
U.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partners,
Trump's tariffs on China, EU and more, at a glance
Donald Trump announced a sweeping new set of reciprocal tariffs on Wednesday, arguing that they would allow the United States to succeed. Trump's tariffs, which he imposed via executive order, are expected to send economic shockwaves around the world.
Trump just massively escalated his trade war. Here’s what he announced
President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.
Sen. Grassley Introduces Bipartisan Bill to Claw Back Tariff Power From Trump
Sen. Chuck Grassley, a Republican from Iowa, and Sen. Maria Cantwell, a Democrat from Washington, introduced the Trade Review Act of 2025. The bill would require the president to notify Congress of any new tariff within 48 hours of its imposition.
Stunning tariff twist for all-weather ally: Israel livid as Donald Trump slaps it with higher duties than on Iran, officials call it a grave error in judgment
The United States has imposed a 17% tariff on Israeli imports, causing frustration in Israel, which had already eliminated tariffs on US goods. This move, part of Trump's 'Liberation Day' tariffs, affects Israel's significant trade with the US and has provoked strong reactions from industry leaders and officials,
OK Magazine on MSN20h
Donald Trump Accused of 'Destroying the Country' and 'Ruining Lives' for 'His Own Ego' as He Boasts About 'Liberation Day' in America
Donald Trump disappointed many after announcing his global tariff plans and boasting about what he declared "Liberation Day" in America amid a plunging stock market. Criticism was heavy in the comments section of a post shared to the White House's official Instagram account on Thursday,
USA Today2d
Why is Donald Trump referring to April 2 as 'Liberation Day'? Here's what we know.
President Donald Trump has referred to April 2 as "Liberation Day" since he assumed the nation's highest office in January. Trump is expected to enact reciprocal tariffs on major trading partners ...
How Donald Trump's Trade Tariffs Will Hit The International Film & TV Biz
The world is reeling from Donald Trump's grand tariff announcement, which was positioned by the POTUS as “liberation day.” No nation has escaped the tariffs, which have been mentioned almost daily by Trump since he returned to the White House and are at a 10% baseline,
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Bitcoin, XRP Price Fall Amid Tariff Fears. What’s Next for Crypto After ‘Liberation Day.’
The price of the world’s leading cryptocurrency by market value has struggled to consolidate at a level above $90,000 in the past month. Smaller digital coins followed a similar pattern. XRP, used to facilitate and settle transactions on Ripple’s payment platform,
Penguins, seals and other wildlife only inhabitants of 2 islands hit with Trump tariffs
Donald Trump issued sweeping tariffs on 'Liberation Day.' Two remote Australian islands were hit with a 10% tariff, despite lacking people or trade.
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