Liberation Day April 2 is coming: Trump has put broad-based sanctions on ‘all countries’ on the table

Quick Summary:

These are some of the tariffs President Trump has threatened against the likes of Europe and China, as well as Wall Street's reaction.

A so-called universal tariff has been highlighted as potentially recessionary and inflationary by JPMorgan Chase CEO Jamie Dimon, but it is looking increasingly likely with Trump's talk of an "all countries" policy.

However, President Trump's bid to rebalance trade with China could result in further sanctions this week.

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Article Details

Author / Journalist: Eleanor Pringle

Category: EconomyBusiness

Markets: United StatesChina

Topics: Europe Tariffs Economy Donald Trump Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 10:55:43 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1047 words

Reading Time: 6 minutes read

Sentences: 5 lines

Sentence Length: 210 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27474252

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Official Website: fortune.com

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