Daily Summary
President Trump is set to impose significant new tariffs, including a 25% tax on auto imports, as part of a strategy aimed at addressing trade imbalances and countering perceived unfair trade practices. These measures have raised global concerns about disrupted trade, slower economic growth, higher consumer prices, and potential retaliatory actions from international partners.
White House Confirms Trump to Proceed with Tariffs Amid Global Trade Concerns
President Trump will announce new tariffs on April 2, including a 25% auto import levy and reciprocal measures, a move that raises concerns over economic slowdowns and international trade tensions.
Investors Brace as Trump's 'Liberation Day' Tariffs Loom
Investors are on edge as tariffs announced on 'Liberation Day' could disrupt global trade, with a confirmed 25% auto import tariff effective April 3. Market volatility is expected as uncertainty over the broader measures continues.
Trump’s ‘Liberation Day’ Won't Ease Trade Policy Uncertainty for Businesses
President Trump's planned reciprocal tariffs, labeled as 'Liberation Day', aim to balance trade but are unlikely to resolve prolonged business uncertainty amid fears of economic slowdown.
World Braces for Impact as Trump Unveils New Tariffs
President Trump has announced new tariffs, sparking global economic concerns and fears of a trade war as nations swiftly prepare for potential ripple effects across multiple industries.
BOJ Warns of Global Trade Risks Amid Proposed New U.S. Tariffs
BOJ Governor Kazuo Ueda warned that proposed new U.S. tariffs could disrupt global trade and economic growth, affecting consumer sentiment and spending. The announcement comes as additional auto import tariffs are also expected, intensifying global trade concerns.
Trump to announce 'reciprocal' tariffs in bold economic gamble
President Trump will announce new 'reciprocal' tariffs on April 2, 2025, targeting both allied and rival nations to boost U.S. manufacturing, though experts warn of potential economic and trade disruptions.