On April 2, 2025, President Donald Trump declared "Liberation Day," unveiling a bold new tariff strategy to reduce the U.S. trade deficit and boost domestic manufacturing. The plan imposes a universal 10% tariff on all imports, with higher rates for countries deemed unfavorable to the U.S. Tariffs take effect on April 5, with elevated "reciprocal" rates beginning April 9.

How do you think this will affect global trade and markets? Share your thoughts!

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