Stocks Greet ’Liberation Day’ With Bronx Cheers
- On April 2, Donald Trump announced new import duties at the White House Rose Garden, calling it 'Liberation Day'.
- Trump's administration imposed tariffs, setting a baseline of 10% on imports, to safeguard U.S. Manufacturing.
- China, Taiwan, and the EU face higher import rates, with China at 34% and the EU at 20%, plus 25% on cars.
- Reuters quoted Takahide Kiuchi, who stated Trump's tariffs could hurt the global free trade structure.
- Global markets reacted negatively, and leaders warn that tariffs may slow the economy and endanger supply chains.
11 Articles
11 Articles
Global Headlines: Tariffs, Tensions, and Tech Strategies Shake World Politics
Global Headlines: Tariffs, Tensions, and Tech Strategies Shake World Politics In a move that could reshape global trade dynamics, President Donald Trump's recent introduction of tariffs poses both political risks and economic challenges for the U.S. Allies and trading partners are considering responses, increasing fears of a trade war that may impact the cost of consumer goods like iPhones.Simultaneously, tensions escalate in the Middle East, wi…
Is the U.S. Heading Into a Recession Amid Trump's Tariffs?
On April 2, President Donald Trump held his long-promised “Liberation Day,” during which he took to the Rose Garden of the White House and announced a vast swath of tariffs that he will be implementing. [time-brightcove not-tgx=”true”] Trump’s “Liberation Day” moves saw the introduction of a 10% tariff on all imported goods, and additional import taxes—of varying degrees—placed on 60 other countries. The U.S. and global markets have already sta…
Liberation Day: U.S. Tariffs Rattle Markets Amid Rising Global Tensions
Welcome to this week’s installment of The Intelligence Brief… as markets recoil amid the recent rollout of a controversial new tariff regime, concerning indicators abroad are pointing to rising tensions around the world. In our analysis this week, we’ll be looking at 1) the initial market response to the Trump administration’s “Liberation Day” tariffs, 2) how tensions are mounting between the U.S. and Iran, 3) the U.S.’s expanding military prese…
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