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Trump announces historic tariffs on Liberation Day

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Mr. Trump announced a 10% baseline tariff for all U.S. trading partners, with more reciprocal tariffs against the "worst offenders."
From CBS News
The trade war between the world’s two largest economies reached new terrain on Friday when China said it would impose blanket tariffs on all U.S. goods, striking back decisively at President Trump’s “...
From Wall Street Journal
"It's an all-round blockade against China," said Yuan Yuwei, hedge fund manager at Water Wisdom Asset Management, who said he was bullish on gold and shorting China and Hong Kong stocks as a result.
From Reuters

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WATCH LIVE: Trump holds press conference as ‘Liberation Day’ tariffs roll out
President Donald Trump is holding a "Make America Wealthy Again" event, during which he is expected to announce and reveal further details surrounding his "Liberation Day" tariffs that will roll out Wednesday.
Trump tariffs live updates on "Liberation Day" after announcement of baseline 10% reciprocal tariffs
Trump administration officials say that tariffs will spur both foreign and domestic companies to expand in the U.S.; lead to more balanced trade with economic allies; reduce the U.S. trade deficit with other countries; and generate federal revenue that can be used for other priorities.
Trump Making ‘Liberation Day’ Tariff Announcement (Live Updates)
Few details of the announcement are known prior, creating anxiety among the business community and global leaders.
China Hits Back at Trump With Sweeping Tariffs on All U.S. Goods
The trade conflict between the world’s two largest economies reached new terrain as Beijing showed its anger with first across-the-board levies.
China hits back at Trump with 34% tariff on U.S. imports
The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.
These are the places affected by Trump's tariffs
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars. The tariffs hit allies and rivals alike.
Trump's global tariffs hurt China with 'all-round blockade'
Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the rest of the world.
Stocks plunge as China retaliates to Trump tariffs
Turmoil on financial markets deepened on Friday, as China hit back at tariffs announced by Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. The S&P 500 index,
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.
Trump live: Apple stocks tumble in response to ‘Liberation Day’ as senior Republicans speak out on tariffs
President Trump says he will impose blanket tariffs on all countries with ‘worst offenders’ including China and Europe facing much higher rates
Trump admin live updates: National Security Agency chief and deputy director fired
Meanwhile, tariffs on imported autos are to go into effect on Wednesday. While economists predict Trump's tariffs will raise prices in the U.S., Trump told reporters Sunday that automakers "are going to make a lot of money," suggesting the measures would encourage companies "to build in the United States."
Yahoo Finance1d
Trump tariffs live updates: Steep 'Liberation Day' tariffs rock markets, reverberate across the world
As our stock market live blog covered (and as my colleague ... which saw their worst one-day sell-off since 2020, as "Liberation Day" tariffs surprised markets. "Magnificent Seven" tech stocks ...
Trump ‘Liberation Day’ live: President to unveil tariff plan from Rose Garden as world braces for its economic impact
All eyes are on President Trump as he prepares to reveal the next phase of his sweeping tariff agenda, leaving global markets fearing a trade war
Republican Lawmakers, but No Major CEOs, Expected at ‘Liberation Day’ Event
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,
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