President Donald Trump said April 2nd will be “liberation day” as he’s expected to impose what he calls “reciprocal” taxes that would match the tariffs, sales taxes charged by other nations. Police guard trucks loaded with avocados on their way to the city of Uruapan in Santa Ana Zirosto,
Investors are concerned about President Trump's plans to roll out new tariffs on April 2, which economists say could reignite inflation.
President Donald Trump has described this coming Wednesday as “Liberation Day” as he touts the new taxes on imported goods that his administration plans to unveil on that day. Here’s what it’s looking like currently for the tariff rollout.
More than 100 hours after a powerful 7.7-magnitude earthquake hit Myanmar, search teams rescued a survivor from the rubble in Naypyidaw. As the tired and disheveled man was extricated from the broken slabs of concrete, he and the rescuers received a round of applause. Here’s what else you need to know to Get Up to Speed and On with Your Day .
President Donald Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods.
Trump's hotly anticipated reciprocal tariffs will be based in part on consolidated reports due on Tuesday from his trade, Commerce and Treasury chiefs.
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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 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.
US stocks mostly rebound, with the Dow erasing an early 300-point drop to end up 400 points. Investors see April 2 tariffs as catalyst for next move.