Trump gives remarks on ‘Liberation Day’ tariffs
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Bloomberg |
Wall Street economists said the tariff maelstrom set off by Trump has escalated the already-growing risk of a US recession this year.
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.
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Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
Trump terminated more than 150 climate and clean energy contracts and grants valued at $1.2 billion managed by the U.S. Agency for International Development. Ending the assistance is expected to have severe consequences, such as preventing nations from preparing for and responding to extreme weather.
Liberation Day,” the ball is in the court of other countries to respond to President Donald Trump’s tariffs. The statement by European Commission President Ursula von der Leyen encapsulated [the mixed
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