Trump, Liberation Day and tariffs
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CBS News |
The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.
Reuters |
U.S. President Donald Trump has for weeks pegged April 2 as a "Liberation Day" to impose an array of new tariffs that could upend the global trade system, but has provided few details.
The New York Times |
Open trade then lets high-tech businesses sell their new products to billions of people worldwide instead of just hundreds of millions of Americans.
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The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.
U.S. Sen. Tommy Tuberville, R-Ala., celebrated what President Donald Trump dubbed “Liberation Day” on Wednesday, claiming that countries “built off the American taxpayer” need to pay up in the form of tariffs.
Wisconsin voters issued Elon Musk a stinging rebuke in Wisconsin’s state Supreme Court race by electing left-leaning Judge Susan Crawford over Republican-backed candidate Brad Schimel 55% to 45%, cementing a liberal majority on the court. The win gave Democrats a chance to take potshots at Musk, who poured millions into the race. Read more.
On "Forbes Newsroom," Sen. Mark Kelly (D-AZ) predicted devastating consequences for citizens due to President Trump's tariffs, and discussed the "Signalgate" scandal that's rocked the Trump Administration.
President Trump’s proposed tariffs will increase cost of living for Americans, House Minority Leader Hakeem Jeffries (D., N.Y.) told reporters Wednesday. “In fact, Republicans are crashing the American economy in real time and driving us to a recession,
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TRADING DAY Only 24 hours until Trump unveils new tariffs The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S. President Donald Trump's "Liberation Day" on Wednesday, with markets struggling for clear direction as Trump's new trade barriers loomed into view.
Wall Street has been paralyzed by trade policy uncertainty. That’s only a prologue for what’s in store after President Donald Trump announces global tariffs at a “Liberation Day” ceremony in the Rose Garden on Wednesday.
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,