RawDiary

TRUMP UNLEASHES 'LIBERATION DAY' TARIFFS ON GLOBAL IMPORTS

President Trump declared 'Liberation Day' as he imposed a 10% baseline tariff on all imports, with additional steep reciprocal tariffs aimed at rebalancing global trade. The move sent shockwaves through markets and triggered international countermeasures.

24 Hours President Trump unleashed sweeping 'Liberation Day' tariffs, imposing a 10% baseline on all imports and steep reciprocal rates to rebalance global trade. Markets reacted sharply with Dow futures plunging 900 points and major tech stocks tumbling. Bipartisan Senate battles erupted as GOP divisions clashed over the move, while international leaders from China and the EU vowed countermeasures. The tariff shock deepened political rifts and fueled debates over economic fallout, labor layoffs, and budget blueprints. Last-minute bids for TikTok and other deals underscored a turbulent political and economic landscape. Global tensions and policies remain in flux. Markets brace for continued uncertainty.

Number 10% - Baseline Tariff Imposed on Global Imports

Quote "Do not retaliate." — Treasury Secretary Scott Bessent