Trump, Liberation Day and tariffs
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President Donald Trump declared Wednesday will serve as the nation's "Liberation Day," as he is anticipated to enact trade policies emphasizing his "America First" mission, which his administration sa...
From Fox News
Lack of clarity on whether there will be one flat tariff rate for all imports or whether the administration takes a more fragmented approach has made modeling the ultimate impact of the tariffs on ea...
From Reuters
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President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,
The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.
The eight-page chart circulated by the White House of countries subjected to President Donald Trump‘s “Liberation Day” tariffs included tiny overseas territories ruled by larger nations and even uninhabited islands near the North and South poles.