01:16โขMarkets Plunge As Senate Defies Trump's Tariffs
โจThe newspapers extensively focus on President Trump's implementation of sweeping tariffs, which he dubbed "Liberation Day" (AP News, CBS, One America News Network). Trump announced a baseline 10% tariff on all imports with higher rates for approximately 60 countries (Washington Post, AP News, USA Today). Markets reacted negatively, with major US companies seeing stocks plummet (ABC News, Common Dreams). A bipartisan group of senators, including some Republicans, voted against the Canada tariffs through Rand Paul's bill (MSNBC, Newsweek, Reason). The tariffs have triggered global alarm about potential economic consequences and trade wars (Common Dreams, USA Today), while Trump's Treasury secretary delivered messages to affected countries (Fox News).