RawDiary

Trump's 'Liberation Day' Tariffs Unleash Global Trade War

President Donald Trump announced sweeping reciprocal tariffs on nearly every import, igniting a global trade war. Markets plunged, industries retooled, and geopolitics braced for a new era of protectionism.

24 Hours President Trump’s sweeping ‘Liberation Day’ tariffs have plunged global markets into turmoil as international trade battles erupt. Stock indices have nosedived while auto, tech, and energy sectors brace for disruption. Congress and global leaders are clashing over protectionist policies, as several allies warn of retaliatory measures. Federal agencies face internal shakeups, with multiple staffers fired and layoffs surging. Economic forecasts point to rising prices and potential recession risks amid uncertainty in supply chains. As geopolitical tensions mount, the American economy stands at a crossroads, forced to confront a new era of aggressive tariff warfare with urgency.

Number 1,200 - Dow falls 1,200 points

Quote "This is the turning point of American trade — liberation demands action." — President Donald Trump