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Trump, Liberation Day and tariffs

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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 e...
From CBS News
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
From The Washington Post
His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s, before the invention of the automobile, aspirin, and the incan...
From The Atlantic

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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 90 countries, including China and the European Union. Here's the list.
How we got to Liberation Day: A look at Trump’s past comments on tariffs
President Donald Trump has routinely declared tariffs as one of the most beautiful words in the dictionary and has regularly accused foreign countries of ripping off the U.S.
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.
The Liberation Day hangover
Post contributors weigh in on the tariff announcement.
Watch: The UK and US fallout from Trump's tariffs
The BBC's Henry Zeffman and Anthony Zurcher explain the fallout from Donald Trump's global trade tariffs. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports.
Donald Trump Puts Tariffs on Islands Inhabited Only by Penguins
The tariffs are part of a new plan announced by President Donald Trump yesterday on what he dubbed "Liberation Day."
There Is Only One Way to Make Sense of the Tariffs
Donald Trump celebrated America’s so-called Liberation Day by announcing a slew of tariffs on dozens of countries. His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s,
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
See Trump tariffs by country and why Washington is bracing for impact
President Donald Trump's tariff plan will mean higher prices for American consumers, U.S. Sen. Maria Cantwell said.

China, Trump and tariff

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The White House had finalized a TikTok divestment deal earlier this week before President Donald Trump’s “Liberation Day” tariff rollout flipped the Chinese government’s position on the issue, the Was...
From Washington Examiner
Trump has announced a sweeping tariff plan that's to take effect in the coming week.
From USA Today
The latest U.S. tariff “does not comply with international trade rules, seriously harms China’s legitimate rights and interests, and is a typical act of unilateral bullying,” the Chinese Ministry of ...
From NBC News

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Trump’s tariffs on China upended TikTok deal at the last minute
The White House had finalized a TikTok divestment deal earlier this week before President Donald Trump’s “Liberation Day” tariff rollout flipped the Chinese government’s position on the issue, the Washington Examiner has learned.
Stocks plunge again after Trump tariff rout as China strikes back
Global stocks tumbled for a second day on Friday as U.S. President Donald Trump's sweeping tariff plans sowed fears about a global recession, with the sell-off deepening after China said it would impose additional levies of 34% on American goods.
Live updates: China retaliates as Trump’s tariffs impact world markets
China announced that it will impose a 34% tariff on imports of all U.S. products, part of a flurry of retaliatory measures following Trump’s “Liberation Day” slate of double-digit tariffs.
Trump has set new universal tariffs, reciprocal tariffs. Here's what could cost you more.
Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.
UK pins hopes on US trade talks after Trump tariff blitz
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 war that would hurt its open economy.
A list of all the Trump tariffs by country
In his speech, he listed the new tariffs to be imposed on a number of countries, including the country's biggest trading partners, and a more complete list was released later by the White House. No further tariffs were announced for Canada or Mexico.
China hits back at Trump with 34% tariff on U.S. imports
The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.
Trump tariffs aimed at helping U.S. firms could bring higher prices and lost exports. What to know
Trump said tariffs will force other countries to lower their own rates on U.S. goods and services. But other nations are planning to retaliate.
Trump tariffs: List of global responses and countermeasures
Governments around the world pledged counter measures on the U.S. after President Donald Trump unveiled on Wednesday a new baseline 10% tariff on goods from all countries plus reciprocal tariffs on those that his administration says have high barriers to U.
Trump tariffs are weakening the dollar instead of boosting it—further adding to the price Americans will pay for costlier imports
The US dollar has been falling as President Donald Trump rolls out his tariffs, and it plunged after he unveiled much steeper-than-expected duties on "Liberation Day." That goes against what markets had anticipated before he launched his trade war.
A running list of companies that have talked about raising prices due to Trump's tariffs
Trump's tariffs announcement has companies scrambling as their costs increase. Here's which companies have hinted at raising prices.
Chinese State Media Rebuke Trump’s Tariffs With AI Song and Videos
CGTN isn’t the only state media outlet to use AI to slam Trump’s trade policy. New China TV, the English-language social-media-focused brand of China’s official state news service Xinhua, also published on April 3 a three-minute, 18-second sci-fi short called “T.A.R.I.F.F.”
Wharton’s Jeremy Siegel calls Trump’s tariffs the ‘biggest policy mistake in 95 years’
President Donald Trump unveiled sweeping reciprocal tariffs on what he deemed “Liberation Day” earlier this week. The tariffs and threat of a global trade war sent Wall Street spiraling, and some are saying it’s Smoot-Hawley all over again.
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Why Trump’s Tariffs May Mean Pricier European Vacations This Summer
The U.S. dollar is down 6% versus the euro so far in 2025, which means European vacations are unlikely to be a bargain this summer.
Most avocado imports to be duty-free after Mexico misses brunt of Trump's tariff orders
About 87% of the avocados being imported to the US come from Mexico. After Trump's Liberation Day orders, the popular fruit will still come tariff-free.
Cocoa, coffee, sugar prices slide as markets remain rattled by Trump tariffs
World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump's sweeping 'Liberation Day' tariffs, especially after China retaliated with its own tariffs on U.
Trump's latest tariffs: Here's how much more you'll have to spend on groceries, clothing and electronics, according to a new analysis
President Trump finally announced his long-awaited “Liberation Day” tariff plan: a new 10% minimum tax on all goods entering the United States from overseas plus much-larger-than-expected “reciprocal” levies on imports from major trading partners such as China (34%),
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