Trump, Liberation Day and tariffs
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ABC News |
U.S. stocks closed up on Wednesday ahead of President Donald Trump's announcement of sweeping tariffs, which the White House dubbed "Liberation Day."
Reuters |
Britain said it believed a trade deal with the United States was close as it sought to soften the impact of U.S. President Donald Trump's sweeping tariffs which threaten an escalating global trade wa...
Reuters |
"This is bigger than I expected; bigger than anyone really expected," said Mark Spindel, chief investment officer of Potomac River Capital.
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Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.
At the same moment President Donald Trump claimed his universal tariffs were sure to send the stock market rocketing upward, unbeknownst to him, the values of the world’s largest companies were falling off a cliff.
It’s the rules of battle investors should pay attention to now that President Donald Trump has launched a full-bore trade war against enemies and allies alike.“Liberation Day,” as Trump dubbed the announcement of broad tariffs on U.
3don MSN
U.S. stock indexes are drifting lower with uncertainty still high about just what President Trump will announce on his “Liberation Day”