Markets and businesses are bracing for the announcement of new Trump tariffs. The president has dubbed Wednesday “Liberation Day.” It’s when he will raise U-S tariffs to match what other countries charge. White House press secretary Karoline Leavitt says the president is “doing this in the best interest of the American worker.” Businesses are unsure […]
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Markets, businesses brace for Wednesday’s Trump tariffs
Markets and businesses are bracing for the announcement of new Trump tariffs. The president has dubbed Wednesday “Liberation Day.” It’s when he will raise U-S tariffs to match what other countries charge. White House press secretary Karoline Leavitt says the president is “doing this in the best interest of the American worker.” Businesses are unsure what the tariffs’ impact will be. The stock market has tumbled over the past few weeks. And Goldman Sachs raised its forecast for inflation.