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Trump, Liberation Day and April 2

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CBS News |
Economists say that Mr. Trump's tariff agenda, including the uncertainty surrounding it, could drag down U.S. GDP by depressing financial markets and consumer sentiment.
Associated Press |
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threate...
Reuters |
The tariffs announced by U.S. President Donald Trump will put a strain on the United States' exports as well, said German Chancellor Olaf Scholz on Thursday.

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Trump says he's planning more tariffs on April 2, calling it "Liberation Day." Here's what it means.
The Trump administration is planning to impose a round of fresh tariffs on April 2, a day President Trump has dubbed " Liberation Day. " The announcement is viewed by economists as the culmination of his "America First Trade Policy," an executive order he signed on his first day in office aimed at revitalizing U.S. manufacturing.
Trump declared April 2 'Liberation Day.' Here are all the tariffs he's threatening to impose.
Trump said he would impose new trade plans on "Liberation Day" on April 2. Here's everything we know, including a possible raft of reciprocal tariffs.
What time will Trump announce tariffs? April 2 marks 'Liberation Day'
It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from
Thursday Briefing: Trump’s Global Tariffs
Trump announced sweeping global tariffs. President Trump unveiled yesterday his most expansive tariffs to date, hitting all of the U.S. trading partners except Canada and Mexico w
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.
Trump tariffs will harm U.S. economy even without Europeean response, says Germany's Scholz
The tariffs announced by U.S. President Donald Trump will put a strain on the United States' exports as well, said German Chancellor Olaf Scholz on Thursday.
Trump's tariffs stoke global trade war as China, EU hit back
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
US businesses brace for more pain as Trump rolls out reciprocal tariffs
U.S. President Donald Trump announced a slew of reciprocal tariffs on trading partners on Wednesday, the latest in a series of extensive duties imposed since his return to the White House earlier this year.

Trump, tariffs

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Top News
Overview
Impacts
ABC News |
President Donald Trump's tariffs announcement is like "pouring salt in a wound that is just now beginning to heal."
USA Today |
President Trump enacted a 25% tariff on all imported cars and light-duty trucks, and a 10% minimum tariff on other imported goods.
Seattle Times |
“This is catastrophic for American families,” said Matt Priest, president and CEO of the Footwear Distributors and Retailers of America.

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Which products will be affected by new tariffs announced by Trump?
Inflation-weary Americans may soon find they're paying more for a host of products after President Trump announced two new types of tariffs on April 2, a day he termed "Liberation Day" because he believes the measures will erase trade imbalances between the U.
How are small businesses reacting to Trump's tariffs announcement?
Small business owners are weighing in on the tariffs President Donald Trump unveiled against virtually all U.S. trading partners on Wednesday afternoon.
Trump announces sweeping tariffs in bid to remake economy
President Donald Trump said April 2 he would impose a 10 percent tariff on most imported goods, plus additional import taxes on dozens of countries.
Trump's new car tariffs start April 3 in US: What to know
President Donald Trump's new 25% tariff on all cars and light-duty trucks takes effect in the U.S. on April 3. Here are frequently asked questions.
Auto tariffs go into effect at midnight, Trump reiterates
The president said he would go ahead with auto tariffs industry officials say could decimate Michigan's signature industry, as well as other taxes.
These are the places affected by Trump’s tariffs
The tariffs hit allies and rivals alike. The Republican president is placing a 10% baseline tax on trading partners around the globe and is setting heftier levies on major partners with which the U.S.
Americans’ reaction to Trump’s tariffs vary from worried to enthused
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.
New-car prices could climb $15,000 under Trump’s tariffs — and ‘no one’ wins, Wall Street analyst says
If you know you need a new car soon anyways, there’s a pretty good argument for acting as fast as you can,” says one car-buying expert.
Trump Tariffs to Hit Many Auto Parts
The array of automotive parts that President Trump plans to tariff is more extensive than the industry expected, raising concerns about significant cost increases for U.S.-built vehicles. As part of Trump’s tariff announcement Wednesday,
Trump rolls out sweeping tariffs as he deems deficits a 'national emergency'
Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.
Trump’s April 2 Tariffs: How Russia, North Korea Escaped the List
President Donald Trump announced reciprocal tariffs of at least 10% on multiple economies - however excluded Russia, Canada, and North Korea. Calling it "Liberation Day," he imposed 34% on China, 20% on the EU,
CNET on MSN9h
Tariffs Explained: Impacts for You as Trump Confirms Worldwide Tariff Wave
After months of delays, President Donald Trump's contentious tariff barrage is now in effect. It imposes a wide variety of new import duties that are the steepest seen in nearly a century and that affect all of the country's trade partners.
Is the U.S. Heading Into a Recession Amid Trump's Tariffs?
The U.S. and global markets have already started to feel the impact of Trump’s tariffs, with the U.S. stock market taking the worst hit thus far. The Wall Street slump and global dip in stocks have sparked fresh fears in economists and concerns as to whether the U.
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Are Trump’s tariffs as bad as the Smoot-Hawley Act, which is blamed for deepening the Great Depression? They’re actually worse
Those dreading a return to the Smoot Hawley days think this time around could be even worse given the size and scale of Trump's new tariffs.
Stock market today: Asian markets slip following Trump’s announcements of big tariff hikes
Asian markets and U.S. futures have tumbled following U.S. President Donald Trump's announcement of big increases in tariffs on imports of goods from around the world.
Here's who's getting hit hardest by Trump's 'Liberation Day' tariffs
President Donald Trump announced reciprocal tariffs and a 25% tariff on car imports on his much-anticipated "Liberation Day" tariff rollout.
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