Liberation Day, Trump and Tariff
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Goldman Sachs estimates a five-percentage-point increase in tariffs trims 1% to 2% from S&P 500 earnings growth.
From Forbes
Trump said Sunday evening that he’s “open to talking” to world leaders about new deals as he put a brave face on the chaos unleashed by his trade wars after a weekend playing golf at his exclusive Fl...
From CNN
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U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he ... easing cycle in January to monitor the impact of tariffs, in an uncomfortable position. For Anthony Saglimbene, chief market strategist at Ameriprise Financial ...
First, here's a quick summary of the tariff situation. Trump proclaimed April 2 "Liberation Day," suggesting that his tariff announcements represented economic freedom for the U.S. In early March, Trump initially spoke of tariffs on imports from Canada, China, and Mexico, then said he would announce the complete plan a month later.
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Stocktwits on MSNTrump’s Liberation Day Impact – Steel Stocks Tumble With Broader Market, UBS Flags Tariffs As 'Incremental Negative' For These CompaniesSteel stocks fell sharply in pre-market trading Thursday after President Donald Trump's "Liberation Day" tariffs took effect, bringing in a 10% duty on all countries and additional reciprocal tariffs across 185 nations.
All eyes are on the tariff announcements that U.S. President Donald Trump is expected to make at 4 p.m. EST on April 2, a day which he refers