Liberation Day or inflation day? Trump’s new tariffs land like a sledgehammer on global trade. Here’s what marketers need to know.
Donald Trump just dropped a trade bombshell – and it’s not a drill. In a windy Rose Garden appearance he dubbed “Liberation Day,” the former president announced a sweeping 10% tariff on all imports, with steeper penalties – up to 46% – for countries he calls “bad actors.” China’s looking at 34%, the EU gets 20%, Vietnam takes a 46% hit, and even the UK isn’t escaping, facing a flat 10%.
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Source: The Drum