Trump, Liberation Day
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With today's announcement, U.S. tariffs will approach levels not seen since the Smoot-Hawley Tariff Act of 1930, which incited a global trade war and deepened the Great Depression.
From CBS News
President Trump on Wednesday announced major tariffs, including a 10% baseline tariff for all U.S. trading partners.
From Yahoo
Leaders across the globe have largely criticized President Trump's tariffs.
From Yahoo
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"Liberation Day" should be seen not as the moment it's all over in terms of negotiations for countries globally. Rather it should be seen as the start.
On Wednesday — what Trump has referred to as "Liberation Day" — the president is set to announce a new trade policy designed to "roll back unfair trade practices that have been ripping off the American people," White House Press Secretary Karoline Leavitt said Monday.