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Trump, Liberation Day and reciprocal tariffs

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The reciprocal rates will become effective at 12:01 a.m. on April 9.
From CBS News
The BBC's Henry Zeffman and Anthony Zurcher explain the fallout from Donald Trump's global trade tariffs.
From BBC
About 60 nations that run the largest trade surpluses with the US — including key strategic allies such as the EU, Japan and South Korea — face extra tariffs higher than 10 per cent, with some extendi...
From The Financial Times

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See the full list of reciprocal tariffs by country from Trump's "Liberation Day" chart
President Trump announced reciprocal tariffs on about 90 countries, including China and the European Union. Here's the list.
Here's who's getting hit hardest by Trump's 'Liberation Day' tariffs
President Donald Trump announced 10% reciprocal tariffs on all countries, as well as far higher levies for some trading partners, including China.
Trump to detail tariffs coming on 'Liberation Day.' We break it down for you
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.
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.
FirstFT: What to expect from Donald Trump’s ‘liberation day’ tariffs
Also in today’s newsletter, Andreessen Horowitz in talks to invest in TikTok, and US government seeks death penalty for Mangione
What Trump has announced on tariffs and why it matters
Tariffs are taxes charged on goods imported from other countries. Companies bringing the goods into the country pay the amount, typically a percentage of the goods' value, to the government. Trump has announced a 10% "baseline" tariff on all imports to the US – this is what the UK will face.
Donald Trump triggers race to offer US concessions before tariffs hit
Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against China
Trump tariffs will harm U.S. economy even without Europeean response, says Germany's Scholz
The tariffs announced by U.S. President Donald Trump will put a strain on the United States' exports as well, said German Chancellor Olaf Scholz on Thursday.
Wall Street analysts anguish over ‘Liberation Day’
Liberation Day” has quickly turned into Libation Day for many Wall Street analysts, who are being forced to take Donald Trump both seriously and literally. The tariffs announced went far further than anyone had expected.
CNBC Daily Open: Trump tariffs pummel stocks, leaving a trail of red
Trump's universal 10% tariffs will take effect April 5, while the ostensibly "reciprocal" tariff rate — calculated using an unconventional, to put it mildly, formula based on trade deficit in goods — will be live April 9.
Here's what economists are saying about Trump's "Liberation Day" tariffs
President Trump is promising that his April 2 "Liberation Day" volley of tariffs will "make America wealthy again" by repatriating manufacturing jobs and reviving demand for American-made products. But many economists are taking a different view,
Here's what the smartest people in markets and economics are saying about Trump's 'Liberation Day' tariffs
"The best estimate of the loss from tariff policy is now closer to $30 trillion."Summers added that the tariffs were the most expensive and "masochistic" the US had imposed in decades.Mohamed El-Erian"The price action in global financial markets in the immediate aftermath of the US tariff announcement points to major worries about global economic growth,
Trump rolls out sweeping tariffs as he deems deficits a 'national emergency'
Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.
How the World’s Reacting to Trump’s Latest Tariffs
Donald Trump’s promised “Liberation Day” was originally planned for Tuesday, April 1, until the President told reporters last month he pushed it back 24 hours so it wouldn’t be viewed as an April Fool’s joke.
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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."
Which products will be affected by new tariffs announced by Trump?
Inflation-weary Americans may soon find they're paying more for a host of products after President Trump announced two new types of tariffs on April 2, a day he termed "Liberation Day" because he believes the measures will erase trade imbalances between the U.
Trump’s ‘Liberation Day’ tariffs crash markets and send world leaders scrambling to respond
Tariffs are especially steep in Asia. Vietnam, a major beneficiary of shifting supply chains for electronics and clothing, got hit with a 45% tariff.
For Trump, tariff gamble brings political risk
By Jeff Mason and Andrea Shalal WASHINGTON (Reuters) -He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.
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