Trump, Liberation Day and tariffs
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Trump announced 10% tariffs on all imports into the United States, and even higher tariffs on goods from about 60 countries or trading blocs that have a high trade deficit with the US.
From CNN
"Tariffs are taxes, and the power to tax belongs to Congress—not the president," Sen. Rand Paul (R–Ky.) said in a statement.
From Reason
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Trump and officials in his administration were fielding calls from worried allies, and his advisers presented him with worrying data about the bond markets.
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of new tariffs that could upend the global trade system. Tariffs also have big implications for corporate earnings, global growth, inflation and ...
The relief offers hope that agreements can be negotiated to avoid further trade barriers and offer the business community clarity and certainty.
Americans have been celebrating their freedom from monarchical rule for nearly 250 years, but Liberation Day will not make it onto the 2026 calendar. President Donald Trump’s economic version of the Declaration of Independence ended on Wednesday afternoon,
Those moves marked some of the best days ever for these stock indexes, and while positive news about tariffs is welcome, investors still need to stay calm and play the long game. Trump announced the 90-day pause on tariffs from his Truth Social account,
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1don MSN
House Republicans are moving to turn off Democrats’ ability to force a vote on rescinding the sweeping global tariffs imposed by President Trump as part of his “Liberation Day” announcement. Language tucked into procedural rule legislation setting up debate on an unrelated matter — the budget resolution blueprint for Trump’s legislative agenda — removes
President Donald Trump will implement a 104% tariff on China on Wednesday morning after Beijing missed a deadline to drop its own barrier taxes on U.S. goods. White House officials told the Washington Examiner that China had “until noon” on Tuesday to walk back the 34% tariff rate the country announced in response to Trump’s
The Trump administration's messaging on the objectives of the president's tariff plans has been wide-ranging, with the administration saying multiple things can be true at once.