Current headlines are dominated by talk of tariffs following U.S. President Donald Trump’s announcement of reciprocal tariffs on roughly 90 countries on what he called “Liberation Day.” The President announced a baseline 10% tariff on imports, which was largely already priced into the market, but the additional country-specific tariffs bring the average effective rate to 23%+, the highest it has been in more than 100 years and the market sees this as unreasonable. While the President has now paused the additional country-specific tariffs for most countries for 90 days, the 10% tariff remains in place.
Read The Days After Liberation Day
