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Trump, Liberation Day and tariffs

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If the tariffs are maintained by the Trump administration and if other nations impose retaliatory tariffs, both the U.S. and other countries "will suffer serious recessions," said Mark Zandi, chief e...
From CBS News
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
From The Washington Post
Some economists predict lower-income households will feel the biggest blow.
From USA Today

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See the full list of reciprocal tariffs by country from Trump's "Liberation Day" chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
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.
Trump to detail tariffs coming on 'Liberation Day.' We break it down for you
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.
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
‘Oh Sh*t’: Entrepreneurs Are Hurting Over Trump’s Trade War
Wednesday’s so-called “Liberation Day” unveiled sweeping tariffs that left the world stunned. Founders are now trying to figure out how to navigate Trump's choppy tariff waters.
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.
See Trump tariffs by country and why Washington is bracing for impact
President Donald Trump's tariff plan will mean higher prices for American consumers, U.S. Sen. Maria Cantwell said.
There Is Only One Way to Make Sense of the Tariffs
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 Tariff Push Is a Race Against Time, and Potential Voter Backlash
President Donald Trump’s expansive new tariff regime reverses a decades-long global trend of lower trade barriers, will likely raise prices for U.S. consumers, and threatens to sharply slow the econom
Severity of Trump's new tariffs wipes out trillions in market value
Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.
Trump’s tariffs on China upended TikTok deal at the last minute
The White House had finalized a TikTok divestment deal earlier this week before President Donald Trump’s “Liberation Day” tariff rollout flipped the Chinese government’s position on the issue, the Washington Examiner has learned.
Trump tariffs are weakening the dollar instead of boosting it—further adding to the price Americans will pay for costlier imports
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
US stocks slide, Trump says tariff policy will 'never change'
U.S. stocks continued their plunge in early trading on Friday, just hours after China announced retaliatory tariffs in response to President Donald Trump's "Liberation Day" levies. The Dow Jones Industrial Average plummeted 1,
A running list of companies that have talked about raising prices due to Trump's tariffs
Trump's tariffs announcement has companies scrambling as their costs increase. Here's which companies have hinted at raising prices.
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Chinese State Media Rebuke Trump’s Tariffs With AI Song and Videos
CGTN isn’t the only state media outlet to use AI to slam Trump’s trade policy. New China TV, the English-language social-media-focused brand of China’s official state news service Xinhua, also published on April 3 a three-minute, 18-second sci-fi short called “T.A.R.I.F.F.”
Wharton’s Jeremy Siegel calls Trump’s tariffs the ‘biggest policy mistake in 95 years’
President Donald Trump unveiled sweeping reciprocal tariffs on what he deemed “Liberation Day” earlier this week. The tariffs and threat of a global trade war sent Wall Street spiraling, and some are saying it’s Smoot-Hawley all over again.
Why Trump’s Tariffs May Mean Pricier European Vacations This Summer
The U.S. dollar is down 6% versus the euro so far in 2025, which means European vacations are unlikely to be a bargain this summer.
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