Liberation Day, Trump and US tariff
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The levies will lead to higher costs for auto manufacturers, and those costs are expected to trickle down to consumers.
From CBS News
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...
From Reuters
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The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.
Secretary of State Marco Rubio is in the heart of the European drama after Trump's tariff announcement, on travel to NATO headquarters in Brussels for a ministerial meeting of the alliance.
Donald Trump's 'Liberation Day' announcement could wipe out the Chancellor Rachel Reeves's economic wriggle room she set out just last week in the Spring Statement
At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,