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U.S. stocks open lower on Trump's 'liberation day'

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CBS News |
The levies will lead to higher costs for auto manufacturers, and those costs are expected to trickle down to consumers.
Reuters |
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
Reuters |
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war woul...

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Here's what the smartest people in markets and economics are saying about Trump's 'Liberation Day' tariffs
"The best estimate of the loss from tariff policy is now closer to $30 trillion."Summers added that the tariffs were the most expensive and "masochistic" the US had imposed in decades.Mohamed El-Erian"The price action in global financial markets in the immediate aftermath of the US tariff announcement points to major worries about global economic growth,
Key moments and reaction to Trump's "Liberation Day" announcement of new tariffs
Mr. Trump announced last week that vehicles and auto parts imported into the U.S. will be subject to a 25% tariff rate. The auto tariffs are expected to go into effect at midnight, just hours after the latest round of tariff announcements by the president Wednesday afternoon.
Here’s What To Know About ‘Liberation Day’—From Announcement Time To What Trump May Target
IT’S LIBERATION DAY IN AMERICA!,” Trump wrote in a 7:06 a.m. EDT post to his Truth Social site, referring to what he previously described as the “BIG ONE,” reciprocal tariffs.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Watch: The UK and US fallout from Trump's tariffs
The BBC's Henry Zeffman and Anthony Zurcher explain the fallout from Donald Trump's global trade tariffs. On Wednesday, the US president announced taxes on goods coming into his country including 10% on all UK imports.
Donald Trump’s beautiful trade war
Countries will struggle to figure out how Trump’s officials calculated each specific rate, which he said was based on a mix of tariffs, subsidies and currency manipulation. A few, such as Brazil and the UK,
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
Donald Trump triggers race to offer US concessions before tariffs hit
Nations prepare offers to Washington including weapons deals, dropping their own tariffs and moves against China
Wall Street analysts anguish over ‘Liberation Day’
Liberation Day” has quickly turned into Libation Day for many Wall Street analysts, who are being forced to take Donald Trump both seriously and literally. The tariffs announced went far further than anyone had expected.
Uninhabited islands among ‘Liberation Day’ tariff targets
A group of volcanic islands located near Antarctica and whose only inhabitants are colonies of penguins and seals is listed among foreign states subject to U.S. trade tariffs.
After ‘Liberation Day’ Comes ‘Obliteration Day’
Get caught up.
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‘Inflation Day Rather Than Liberation Day’: How the World Is Reacting to Trump’s Latest Tariffs
Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.
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Liberation Day: Trump unveils reciprocal tariffs, says US will no longer be ‘raped’ by trading partners
President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.
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Liberation Day: Everything You Need to Know
Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?
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Which products will be affected by tariffs? Here's what Trump's "Liberation Day" could make pricier.
President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.
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Why is Donald Trump referring to April 2 as 'Liberation Day'? Here's what to know
Donald Trump is expected to announce sweeping tariffs on what he's been calling "Liberation Day." Here's what we know.
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'Liberation Day' Tariffs Could Shackle Homebuyers
Here's how Trump's latest tariffs could impact mortgage rates and homebuilding costs in a market that's already fraught with affordability woes.
Trump to detail tariffs coming on 'Liberation Day.' We break it down for you
Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.
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