RawDiary

Trump Unleashes 'Liberation Day' Tariffs – Global Trade in Turmoil

President Trump launched a sweeping 10% tariff across nearly all U.S. trading partners, marking a bold 'Liberation Day' that sent shockwaves through global markets and sparked fears of an escalating trade war. The announcement signals a radical shift in U.S. economic policy and challenges the established global trade order.

24 Hours President Trump unleashed sweeping reciprocal tariffs on nearly all U.S. trading partners on what he dubbed 'Liberation Day,' igniting global trade war fears. International markets tumbled as major tech and auto sectors reeled from higher duties. Senate battles erupted over Canada tariffs while global leaders warned of retaliatory measures from Europe, China, and others. Federal layoffs surged to record levels amidst mounting economic uncertainty. Diplomatic tensions and judicial controversies flared with Hungary exiting the ICC and debates over immigration enforcement intensifying. Trump’s aggressive trade policy signals a seismic shift in U.S. economic strategy and global geopolitical dynamics, affecting every nation.

Number 275,000 - Federal job cuts in March

Quote "This is our declaration of economic independence." — Donald Trump