US EditionChuck Schumer: Trump’s tariffs are a dagger to the heart of Western New York
- President Trump will announce reciprocal tariffs on April 2, which he has labeled "Liberation Day".
- Trump's decision to impose tariffs follows his previous threats to increase them on countries like Mexico and China.
- The tariffs aim to offset trade imbalances, with a previous 25% tariff already placed on foreign-made cars and auto parts.
- A Benzinga poll indicated that 48% of respondents believed the market would crash following the tariff announcement.
- Stock markets experienced volatility, and economists increased the chance of a recession to 35% due to tariff uncertainty.
128 Articles
128 Articles
The Toronto Star
The Hamilton SpectatorMake a deal — or punch back like Canada? Why the world is split on how to respond to Trump’s ‘Liberation Day’ tariffs
In the U.K., Brazil and India, leaders have signalled a willingness to hold their retaliation and try and make a deal with Donald Trump on his “Liberation Day” tariffs.
Stock market today: Wall Street drifts, and Asia and Europe recover a bit ahead of “Liberation Day’
By STAN CHOE, AP Business Writer NEW YORK (AP) — U.S. stocks are swerving through another shaky day of trading following weaker-than-expected reports on the economy Tuesday. Uncertainty is also still high about just what President Donald Trump will announce about tariffs on his “Liberation Day” coming Wednesday. The S&P 500 was down by 0.2% in morning trading after nearly erasing an early 1% drop. The Dow Jones Industrial Average was down 222 po…
Forecasts for US economy slashed in run-up to Trump's 'Liberation Day' for tariffs
As economic policies of US President Donald Trump start to take effect both domestically and globally, and with Trump's "Liberation Day" rollout of reciprocal tariffs on April 2, US bodies and international agencies have forecast that these measures
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