President Donald Trump is barreling toward a self-imposed April 2 deadline for sweeping tariffs and is threatening additional ones on foreign adversaries this weekend even as he’s expressed openness to making deals.
U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday,
Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would rebalance U.S. trade relationships. Trump's plan for reciprocal tariffs next week, however, is expected to be narrower than he previously vowed, though the plan remains under discussion, sources told ABC News this week.
With shares down 35% year to date, many Tesla (NASDAQ: TSLA) investors have decided that Trump's election victory isn't the windfall they expected. The company is reeling from slowing international sales due in part to CEO Elon Musk's political involvement in the new administration.
President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said.
President Trump’s anticipated reciprocal tariffs starting April 2, will affect ‘all countries’. Key nations include India, China, Canada, Mexico, South Korea, among others. But which country will be affected the most?
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US stocks are trying to rebound, with the Dow erasing an early 300-point drop to trade up. Investors see April 2 tariffs as catalyst for next move.
Rumors suggest that Nintendo Switch 2 pre-orders will open April 2, with the official Switch launch coming in June.