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Trump, Liberation Day and tariffs

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CBS News |
If the tariffs are maintained by the Trump administration and if other nations impose retaliatory tariffs, both the U.S. and other countries "will suffer serious recessions," said Mark Zandi, chief ec...
Reuters |
S&P 500 futures reversed gains and fell to a 1.6% loss, suggesting investors expect deep losses when Wall Street opens on Thursday.

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See the full list of reciprocal tariffs by country from Trump's "Liberation Day" chart
President Trump announced reciprocal tariffs on about 60 countries, including China and the European Union. Here's the list.
Key takeaways from Trump’s ‘Liberation Day’ tariffs
President Donald Trump on Wednesday unveiled expansive new tariffs in a major escalation of his trade war, referring to the historic move as a “declaration of economic independence.” Trump’s risky bet to address unfair trade practices could send prices higher for American consumers and weaken economic growth,
Trump to detail tariffs coming on 'Liberation Day.' We break it down for you
Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
Instant view: Hefty Trump tariffs surprise markets, S&P futures slide
U.S. President Donald Trump further escalated a trade war on Wednesday by announcing he would impose reciprocal tariffs to match duties put on U.S. goods by other countries.
Special Coverage: Trump Tariffs Spare No Country
President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Trump said Wednesday he will apply a minimum 10% tariff on all exporters to the US and slap additional duties on around 60 nations with the largest trade imbalances with the US.
Key sectors brace for tariffs ahead of Trump's ‘Liberation Day’
U.S. President Donald Trump was poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases and likely drawing retaliation from all sides.
Treasury Secretary Bessent tells countries not to retaliate after sweeping 'Liberation Day' tariffs
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on 'Special Report.'
Stock market today: Wall Street rises in another jittery day ahead of Trump’s tariff announcement
U.S. stocks whipped through another dizzying day before President Donald Trump’s unveiling of his “Liberation Day” tariffs.
Trump's 'Liberation Day' tariffs hit remote Antarctic Islands only inhabited by penguins, sea birds, and seals
Trump imposed a 10% tariff on collection of remote Antarctic territories uninhabited by humans, home only to penguins and seals.
Trump says he will impose 10% tariff on all imports, with higher rates for some
President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on dozens of the country's biggest trading partners, deepening a trade war that he kicked off on his return to the White House.
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