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Trump, Liberation Day and tariffs

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CNN |
Trump blinked on part of his tariff onslaught Wednesday — pausing reciprocal duties on dozens of nations and territories as the dire economic implications of his strategy began to accelerate.
U.S. News & World Report |
In the aftermath of this week's tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks.
U.S. News & World Report |
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.

Read more on News Digest

Clock strikes midnight: Trump’s ‘Liberation Day’ tariffs take effect
President Donald Trump’s wave of tariffs went into effect at 12:01 a.m. Wednesday as the vast majority of U.S. trading partners look to head off the barrier taxes with last-minute deals with the White House.
Trump’s day of tariff mayhem contains a scary lesson for his second term
US Trade Representative Jamieson Greer was spending a second day testifying to Congress on what the Trump White House insisted was a trade “emergency” that needed unprecedented action. But he learned about his boss’ about-face during the hearing, in an episode that shattered his credibility in future trade talks.
Gavin Newsom Tries Making End Run Around Trump’s ‘Liberation Day’ Tariffs
Democratic California Gov. Gavin Newsom said Friday he’s seeking direct trade agreements with foreign governments to spare his state from
Where Things Stand for Trump in Global Tariff Battle
In the aftermath of Wednesday’s tariff whiplash, President Donald Trump is deciding exactly what he wants out of trade talks with as many as 75 nations in the coming weeks
China announces countermeasures by raising tariffs on US goods from 84 percent to 125 percent from Saturday
The US and China have escalated trade war by raising tariffs even as President Trump hit a pause on tariffs for other countries.
Another U-Turn: Trump Reverses Tariffs That Caused Market Meltdown, but Companies Remain Bewildered
President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while esca
China Announces Countermeasures by Raising Tariffs on US Goods From 84% to 125% From Saturday
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday. The U.S. and China have escalated trade war by raising tariffs even as U.S. President Donald Trump hit a pause on tariffs for other countries.
Wall Street Loses More Than Half Of Wednesday's Historic Surge As US-China Trade Tensions Escalate
U.S. stocks are diving Thursday and surrendering much of their historic gains from the day before as President Donald Trump’s trade war continues to confuse and threaten the economy, even if its temperature has cooled a bit.
US Allies Greet Trump’s Tariff U-Turn With Relief, and Defiance
America’s trading partners around the globe reacted with a mixture of relief and bewilderment to President Donald Trump’s eleventh-hour decision to pause some of his most aggressive tariffs.
Pause to Trump tariffs gives 90-day breathing room to Treasure Coast Asian markets, stores
PORT ST. LUCIE — Asian markets and grocery stores on the Treasure Coast let out a sigh of relief Wednesday when President Donald Trump ordered a 90-day postponement on most "Liberation Day" tariffs.
Rand Paul leads Senate push to repeal Trump ‘Liberation Day’ tariffs
The Senate is headed for another showdown over free trade after Sen. Rand Paul (R-KY) announced legislation to wipe out President Donald Trump’s “Liberation Day” tariffs. Paul is joining Sen. Ron Wyden (D-OR) and five other Democrats to introduce a measure that ends the emergency declaration Trump used to levy a wave of tariffs as
Trump’s 'Liberation Day' tariffs cost U.S. govt $2B in Bitcoin
The value of the U.S. government's Bitcoin holdings has declined 12% from $17.24 billion to $15.21 billion since Trump's announcement of "reciprocal tariffs."
USA Today9d
Trump's 'Liberation Day' tariff plan puts markets on high alert
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of new tariffs that could upend the global trade system. Tariffs also have big implications for corporate earnings, global growth, inflation and ...
'Deal-maker-in-chief': Behind the scenes of Trump's tariff pause, where he has final say over negotiations
President Trump's tariff pause was due to the outpouring of calls from foreign nations looking to make deals and Trump wanting to fix the national emergency of trade deficits.
How Trump changed his mind on tariffs
Trump and officials in his administration were fielding calls from worried allies, and his advisers presented him with worrying data about the bond markets.
What is 'Liberation Day'? Donald Trump promises reciprocal tariffs on April 2
President Donald Trump is touting April 2 as the day the U.S. gets "money, and respect, back." Here's why he's calling it "Liberation Day."
Trump tariff retraction offers relief to economy — autos, not so much
The relief offers hope that agreements can be negotiated to avoid further trade barriers and offer the business community clarity and certainty.
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