Trump announces sweeping new tariffs at 'Liberation Day' celebration at White House
"From this day on, we're not going to let anyone tell us American workers and families cannot have the future that they deserve. We are going to produce the cars and ships, chips, airplanes, minerals, and medicines that we need right here in America," said Trump to the audience at the Rose Garden.
Trump Declares National Emergency To Impose ‘Liberation Day’ Tariffs
“The National emergency calls for us to reindustrialize,” an administration official told reporters about the president’s action.
JD Vance on ‘Liberation Day’ Tariffs
The vice president said for the “first time in probably 40 years,” the United States has a president who is reversing the trend of the U.S. serving as a “piggy bank” for the rest of the world.
Dow futures tumble over 800 points on fear Trump’s tariffs will spark trade war
What’s likely spooking traders is that these rates will end up being much higher than expected for many nations. For example, the effective tariff rate for China will now be 54% when accounting for the new reciprocal rate and duties already levied against the country.
US Treasury chief warns ‘there will be escalation’ if countries respond to tariffs
“My advice to every country right now is, do not retaliate,” Bessent tells Fox News. “Sit back, take it in, let’s see how it goes. Because if you retaliate, there will be escalation. If you don’t retaliate, this is the high watermark.”
EU preparing further countermeasures against US tariffs if negotiations fail
European Commission President Ursula von der Leyen said that the latest tariffs announced by the U.S. were a “major blow” to the world economy.
China urges US to ‘immediately’ cancel reciprocal tariffs, vows countermeasures
China’s Ministry of Commerce said Thursday it would take “resolute countermeasures” against the sweeping U.S. tariffs.
South Korea's acting president calls for talks with US over tariffs
Trump in his speech singled out Washington's Asian security allies South Korea and Japan, accusing them of being among the worst offenders for conducting unfair trade practices against the United States.
Ontario Premier Ford: Canada Will Drop All Tariffs If Trump Does
"We’d be willing to take those off tomorrow if he took all the tariffs off. We are not the problem. Andrew, do you know [who] the problem is? China is the problem. And he’s taking a blind eye to China."
Analysts: Trump tariffs ‘worse than the worst case scenario’ for tech investors
“Tech stocks will clearly be under major pressure on this announcement as the worries about demand destruction, supply chains, and especially the China/Taiwan piece of the tariffs,” the analysts wrote in a note Wednesday evening.
MacIntyre: Trade should work for America, not rule it
Ideological free trade has failed. It’s time America puts its citizens first, just like every other serious country on Earth.
