Trump Says He Settled on ‘Liberation Day’ Tariff Plan
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USA TODAY |
President Trump is expected to enact reciprocal tariffs on major trading partners.
Reuters |
U.S. President Donald Trump has for weeks pegged April 2 as a "Liberation Day" to impose an array of new tariffs that could upend the global trade system, but has provided few details.
CNET |
A new survey conducted by CNET found considerable anxiety about prices among US adults.
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IT’S LIBERATION DAY IN AMERICA!,” Trump wrote in a 7:06 a.m. EDT post to his Truth Social site, referring to what he previously described as the “BIG ONE,” reciprocal tariffs.
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,
If the average tariff rate passes 20%, that could push the US into stagflation territory and give the economy a growth shock, Citi says.
The increase was led by gains in business and financial services, with large employers adding the bulk of new hires.
Senate resolution: N.J. Sen. Cory Booker held the Senate floor for a record-setting 25-hour speech against Trump’s agenda. It inadvertently delayed a vote to nullify the emergency declaration behind tariffs on Canada, which could have enough GOP votes to pass. [Yahoo News/USA Today]
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