Stocks Are Mixed Before Liberation Day
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Newsweek |
Details on the scope of these new measures have so far remained unclear, such as which countries will be targeted and the rate at which their imports will be taxed.
The Economist |
From just 2.3% in 2024, the average American tariff on imports is now expected to rise immediately to about 30%—where it was in the late 1800s.
Yahoo |
The 10 percent baseline goes into effect April 5.
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Here are some notable moves across sectors in global markets, following President Trump’s “Liberation Day” tariffs. 🍾 Alcoholic drinks Some investors turned to drink: Scotch producer Diageo and Aperol maker Campari were among the few risers in Europe.
President Trump will announce widespread tariffs on April 2, an event he’s referring to as “Liberation Day.” The fact that Liberation Day may determine what happens to stocks next has caught the attention of veteran analyst Tom Lee of FundStrat.
People have avoided huge losses by holding old-fashioned, well-balanced investments, an approach our columnist is banking on for the future.
NEW YORK (AP) — U.S. stocks are falling Wednesday in the final hours before President Donald Trump unveils the tariffs he promised as part of his “ Liberation Day ” that could drastically remake the global economy and trade.
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