RawDiary

Trump TARIFF SHOCK: 'Liberation Day' Rewrites Global Trade

President Donald Trump declared 'Liberation Day' from the Rose Garden, imposing a sweeping 10% baseline tariff on all imports. The bold move has sent shockwaves through global markets, rattled allies, and signaled a major shift in U.S. trade policy. The measures are expected to disrupt supply chains and prompt retaliatory actions from trading partners, marking a decisive turn in America’s economic landscape.

24 Hours President Donald Trump ignited global trade tensions on Liberation Day, imposing a 10% tariff on all imports. Global markets plunged as investors rushed to bonds, gold, and yen amid sharp declines. Senate Republicans unveiled a partisan budget blueprint that clashed with Trump’s agenda, while international rivals, including China and Russia, vowed retaliation. U.S. political leaders, from NYC Mayor Adams to dissenting GOP senators, signaled shifts in party dynamics. Tax policies and immigration enforcement stirred controversy, as consumer prices are projected to rise. The move heralds a dramatic realignment in American economic and foreign policy. Government shifts reverberate across worldwide markets.

Number 10% - Baseline tariff on all imports signals trade war

Quote "They charge us, we charge them." — President Donald Trump