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Trump, tariffs and Liberation Day

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However, Trump said duties against China would now climb to a total of 125%, effective immediately.
From NBC News
China’s top leaders are poised to meet Thursday to discuss additional economic stimulus after US President Donald Trump ratcheted up tariffs, according to people familiar with the matter.
From Bloomberg L.P.
U.S. stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after President Donald Trump said he would back off on most of his tariffs temporarily, as investors had so ...
From Yahoo

Read more on News Digest

Trump suddenly backs off major tariff plan after days of economic and market turmoil
The president put a 90-day pause on higher import duties for dozens of countries, but hiked levies on China to 125%.
Trump Reverses Course on Tariffs, but Hollywood's Concerns Came Well Before ‘Liberation Day'
With more and more film productions already moving overseas, any increases to costs will not help woo projects stateside.
Key takeaways from Trump’s ‘Liberation Day’ tariffs
President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.
Top China Leaders to Meet on Stimulus After Trump’s Tariff Shock
China’s top leaders are poised to meet Thursday to discuss additional economic stimulus after US President Donald Trump ratcheted up tariffs, according to people familiar with the matter.
'Trump blinks first' and 'Only four real fwends'
"Trump blinks first in trade war," is the Daily Telegraph's headline which notes that US stocks had a good day bouncing back after the announcement. There is also a photo of King Charles III and Queen Camilla,
China and EU discuss trade in response to U.S.' punitive tariffs
China and the European Union have exchanged views on strengthening their economic and trade cooperation in response to U.S. tariffs, the Chinese Commerce Ministry said on Thursday.
Wall Street's euphoria sends US stocks to historic gains after Trump pauses most of his tariffs
U.S. stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after President Donald Trump said he would back off on most of his tariffs temporarily, as investors had so desperately hoped he would.
In stunning U-turn, Trump walks back some tariffs, triggering historic market rally
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.
President Trump announces new tariff updates
President Trump announced Wednesday that he would increase tariffs on China while lowering them for those who have reached out to negotiate.
House GOP shields Trump's tariffs for months
Speaker Mike Johnson move to protect Donald Trump's liberation tariffs could become significant if the 90-day pause isn't extended.
How Trump changed his mind on tariffs
Trump and officials in his administration were fielding calls from worried allies, and his advisers presented him with worrying data about the bond markets.
Trump’s tariff retreat leaves lasting US scars
Americans have been celebrating their freedom from monarchical rule for nearly 250 years, but Liberation Day will not make it onto the 2026 calendar. President Donald Trump’s economic version of the Declaration of Independence ended on Wednesday afternoon,
Trump’s 'Liberation Day' tariffs cost U.S. govt $2B in Bitcoin
The value of the U.S. government's Bitcoin holdings has declined 12% from $17.24 billion to $15.21 billion since Trump's announcement of "reciprocal tariffs."
USA Today8d
Trump's 'Liberation Day' tariff plan puts markets on high alert
U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of new tariffs that could upend the global trade system. Tariffs also have big implications for corporate earnings, global growth, inflation and ...
Rand Paul leads Senate push to repeal Trump ‘Liberation Day’ tariffs
The Senate is headed for another showdown over free trade after Sen. Rand Paul (R-KY) announced legislation to wipe out President Donald Trump’s “Liberation Day” tariffs. Paul is joining Sen. Ron Wyden (D-OR) and five other Democrats to introduce a measure that ends the emergency declaration Trump used to levy a wave of tariffs as
Mike Pence Reacts to Trump's Pivot on Tariffs
Pence has had an icy relationship with Trump since serving as his vice president during his first White House term.
House GOP moves to turn off ability to force vote on rescinding Trump ‘Liberation Day’ tariffs
House Republicans are moving to turn off Democrats’ ability to force a vote on rescinding the sweeping global tariffs imposed by President Trump as part of his “Liberation Day” announcement. Language tucked into procedural rule legislation setting up debate on an unrelated matter — the budget resolution blueprint for Trump’s legislative agenda — removes
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