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U.S. stocks open lower on Trump's 'liberation day'

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The reciprocal rates will become effective at 12:01 a.m. on April 9.
From CBS News
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
From The Economist
U.S. tariffs as high as 25% are still imposed on automobiles, steel, and aluminum, as well as on goods that do not comply with the USMCA trade pact among the North American countries.
From Yahoo

Read more on News Digest

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The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
Analysis-Mexico free trade with US may survive as Trump spares it from new tariffs, hits rivals
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's global tariffs list,
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Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
Dow drops 1,200 points as global markets crater after Trump's 'Liberation Day' tariffs
Global markets plummeted Thursday after Trump announced his sweeping tariffs.S&P 500 futures fell 3%, signaling the benchmark index's nearly 5% first-quarter drop will continue.Gold briefly touched a new high,
A split screen for tech on ‘Liberation Day’
In a chaotic week for nearly every industry in Washington, nothing embodied the oddness of the moment for Big Tech more than a single photo: the ultra-progressive former Federal Trade Commission Chair Lina Khan and ultra-conservative populist Steve Bannon posing, with tight-lipped smiles, together.
European Union Is ‘Prepared to Respond’ to Liberation Day
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