RawDiary

Trump Unleashes ‘Liberation Day’ Tariffs – A Bold Declaration of Economic Independence

President Donald Trump announced sweeping reciprocal tariffs on global imports during his ‘Liberation Day’ event, aiming to rebalance trade and boost domestic manufacturing. The move sent markets into a tailspin and triggered international warnings of retaliatory measures, marking his most aggressive trade action to date. Analysts warn it may trigger extensive economic and diplomatic fallout significantly.

24 Hours Trump’s tariff announcement on Liberation Day has rocked global markets and strained relations with U.S. allies. The president imposed a 10% baseline tariff on all imports, with harsher rates for nations labeled as ‘worst offenders.’ Market indices plunged as investors sought safety in bonds and gold. International leaders warned of severe retaliatory measures that could spark a global trade war. This move aims to rebalance trade deficits and boost domestic manufacturing, but it has deepened political divisions at home. The policy represents Trump’s most aggressive trade action to date. Analysts warn it may trigger extensive economic and diplomatic fallout significantly.

Number Dow futures plunge over 1,000 points amid tariff shock.

Quote ‘They charge us, we charge them.’ — President Trump