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Trump, Liberation Day and tariffs

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CBS News |
President Trump announced two new types of tariffs on April 2, or what he's calling "Liberation Day," aimed at erasing trade deficits between the U.S. and its trading partners.
The Washington Post |
Wednesday was “Liberation Day,” the start of a multifront trade war President Donald Trump is waging against nearly all of our trading partners.
The Atlantic |
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...

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Trump reveals these 2 new types of tariffs on what he calls "Liberation Day," April 2
President Trump unveiled a universal import duty of 10% on all products, as well as reciprocal tariffs on imports from 90 nations.
What is Trump's Liberation Day? Make America Wealthy Again event explained
"April 2nd, 2025, will go down as one of the most important days in modern American history," according to the White House.
Trump has dubbed April 2 ‘Liberation Day’ for his tariffs. Here’s what to expect
Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods. To do this, Trump has said he’ll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products.
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.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
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.
25 numbers that explain Liberation Day
As the chaotic and eventful day comes to a close and the economic ground continues to shift rapidly, here are 25 numbers that illuminate the shockwaves rattling markets across globe over the last 24 hours. 5.97% — Today’s decline in the NASDAQ Composite, a stock market index that includes almost all stocks listed on the Nasdaq stock exchange.
Here's what the smartest people in markets and economics are saying about Trump's tariffs
Erian, among others, are reacting to President Donald Trump's tariff announcement.
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