'Liberation Day', Wisconsin, health layoffs and a deportation ‘error’
2025/4/2
Reuters World News
President Trump's plan to impose broad tariffs on imports, dubbed "Liberation Day," is causing concern among investors and global policymakers. These tariffs, intended to counteract the effects of free trade deals and bolster American workers, are expected to slow global economic growth. Experts like Goldman Sachs are raising the probability of a U.S. recession as a result of these measures.
- Trump's tariffs are more extensive than any in recent U.S. history.
- The tariffs are intended to counteract the impacts of free trade deals on American workers and manufacturers.
- Global policymakers expect the tariffs to slow global growth.
- Goldman Sachs has substantially raised their probabilities of a U.S. recession resulting from the tariffs.
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