Global markets plummeted Thursday after Trump announced his sweeping tariffs.S&P 500 futures fell 3.4% after the benchmark index fell nearly 5% in the first quarter.Gold briefly touched a new high, but most global asset prices were in the red.
President Trump announced reciprocal tariffs on about 60 countries, including China and the European Union. Here's the list.
President Donald Trump’s “Liberation Day” is here. For months, Trump kept businesses and nations across the globe largely in the dark on his tariff plans that revolve around what he refers to as “reciprocal tariffs.
The stock market fell significantly on Thursday after President Donald Trump’s “Liberation Day” announcement. Trump began his “Liberation Day” announcement after 4 p.m. on Wednesday, when markets closed for the day,
President Trump announced that the United States will hit back at any country that imposes trade barriers on American exports by subjecting them to sweeping “reciprocal” tariffs — an unprecedented move that threatens to upend the global economy,
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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.
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World leaders have a wide range of responses to President Donald Trump's tariffs, with some making threats and others seeking negotiations for better deals.
Tariffs are especially steep in Asia. Vietnam, a major beneficiary of shifting supply chains for electronics and clothing, got hit with a 45% tariff.