Trump, Liberation Day and April 2
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USA TODAY |
Economists have previously told USA TODAY that tariffs, when broadly applied, raise consumer prices for goods.
The Financial Times |
Trump has elevated tariffs to rates last seen after passage of the infamous Smoot-Hawley Act in the Great Depression.
Reuters |
The threatened levies could be particularly damaging for U.S. companies in sectors already slapped with the duties, with administration officials saying all of Trump's tariffs, including prior rates,...
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Trump announced a range of new tariffs on April 2, his so-called "Liberation Day."He signed an executive order to impose reciprocal tariffs and a 25% tariff on car imports.Some economists warned that uncertainty around the tariffs could strain consumers and businesses.
6hon MSN
We’re not taking it anymore," the president said, announcing the U.S.' tariffs would amount to half of trading partners'.
Donald Trump's 'Liberation Day' announcement could wipe out the Chancellor Rachel Reeves's economic wriggle room she set out just last week in the Spring Statement
Experts warn that U.S. reciprocal tariffs on Indian goods could impact various sectors, including agriculture, pharma, and electronics.
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