Trump ‘Liberation Day’ Tariffs
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President Trump announced sweeping tariff hikes on April 2, 2025, citing inflated claims of foreign tariffs on U.S. goods as justification.
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The S&P 500 began the week with three straight daily gains, but then "Liberation Day" led the index to its two worst days since March 2020.
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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 has championed his tariffs despite a historic selloff across U.S. markets, claiming his levies would bring in “billions.”
The Trump administration’s latest trade offensive is underway as Customs and Border Protection (CBP) begins enforcing “Liberation Day" tariffs, pulling in more than $200 million a day.
3don MSN
Vietnam had a trade surplus of $123.5 billion with the U.S. last year, leading analysts to warn earlier this year that the country was most at risk. Hanoi had tried to win itself a reprieve by preemptively cutting import duties in the lead-up to April 2.
President Donald Trump announced reciprocal tariffs and a 25% tariff on car imports on his much-anticipated "Liberation Day" tariff rollout.