Liberation Day or Tax Hike? What Trump’s New Tariffs Mean for Your Wallet

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President Donald Trump has just announced sweeping new tariffs that he calls a “declaration of economic independence,” but many economists warn it will function more as a tax on American consumers. In a Rose Garden ceremony on April 2, dubbed “Liberation Day,” Trump unveiled what represents the most fundamental shift in global trade since World War II. Trump’s plan introduces two major types…

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