Trump Announces Global Reciprocal Tariffs on Liberation Day

Trump Announces Global Reciprocal Tariffs on Liberation Day

President Trump signs an executive order imposing sweeping reciprocal tariffs on nearly all global trading partners from a White House Rose Garden ceremony he dubs Liberation Day, with rates ranging from 10% for most countries to over 100% for some. The announcement triggers an immediate stock market crash, with major indices falling over 10% within days.