RawDiary

Trump Unleashes Global Tariffs: Liberation Day Begins...

President Trump is set to announce sweeping reciprocal tariffs today, upending global trade norms and rattling markets worldwide. Branded as 'Liberation Day,' the move is aimed at restoring fairness in international commerce, though it risks igniting retaliatory measures from key allies. The policy is expected to reshape industries and consumer prices, leaving investors and policymakers on edge as America reasserts its trade stance in a turbulent global environment.

24 Hours President Trump is set to announce sweeping reciprocal tariffs today, marking what he calls 'Liberation Day' for American trade. The tariffs are expected to upend global trade, rattling markets and prompting measures. In Wisconsin and Florida, pivotal elections produced liberal judicial victories and GOP wins, signaling a shifting political landscape. The administration continues an aggressive immigration crackdown, deporting 100,000 migrants while restoring legal aid for vulnerable children. Meanwhile, Israel expands its ground assault in Gaza and China flexes military drills near Taiwan. Tesla suffers a slump amid backlash, and economic indicators show record mortgage payments and real estate markets.

Number 21% - Increase in global inflation this quarter.

Quote "We will put an end to unfair trade practices once and for all." — President Donald Trump