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Stocks Greet ’Liberation Day’ With Bronx Cheers

  • On April 2, Donald Trump announced new import duties at the White House Rose Garden, calling it 'Liberation Day'.
  • Trump's administration imposed tariffs, setting a baseline of 10% on imports, to safeguard U.S. Manufacturing.
  • China, Taiwan, and the EU face higher import rates, with China at 34% and the EU at 20%, plus 25% on cars.
  • Reuters quoted Takahide Kiuchi, who stated Trump's tariffs could hurt the global free trade structure.
  • Global markets reacted negatively, and leaders warn that tariffs may slow the economy and endanger supply chains.
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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center
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la Nacion broke the news in Buenos Aires, Argentina on Wednesday, April 2, 2025.
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