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The Latest Breaking News from Liberation Day

Asian Markets Stagger Into Weekend As Trade Rally Runs Out Of Legs

Markets limped into the weekend as investors consolidated gains fed by the China-US trade war hiatus, having enjoyed one of their best weeks since Donald Trump unloaded his "Liberation Day" tariff bazooka last month.

International Business Times

Donald Trump has reduced tariffs on British metals and cars, but how important is this trade deal? Experts react

The US president called it a “very big deal”. The UK prime minister said it was “fantastic, historic” day. For sure, Keir Starmer and his team will have been delighted that the UK was first in line to negotiate adjustments to Donald Trump’s sweeping tariffs announced on “liberation day” just…

The Conversation

Pro-Palestine protesters disrupt Dutch defence minister’s Liberation Day speech

Five people were arrested as protesters disrupted the Liberation Day event in Wageningen, according to the police.

Euronews

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How the stock market made back all its losses after Trump escalated the trade war

It felt much longer, but the U_S_ stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”

The Independent UK

Jobs report defies expectations and hiring remains steady despite concerns over Trump’s tariffs

The report gives the first glimpse of how the economy has fared after Trump’s so-called ‘Liberation Day’ when he introduced sweeping tariffs that plunged the stock market into chaos

The Independent UK

Fifty years since the sky fell: how the Vietnam war changed Australia

On the anniversary of Liberation Day, members of Australia’s Vietnamese community look back at the sacrifices made in pursuit of ‘a good life’

The Guardian - AU

1 killed and 2 injured as driver loses control during a parade in an Italian town

A man has been killed and two people injured when a driver lost control of his car in Italy’s central town of Lanciano during celebrations for Italy’s 80th Liberation Day

The Independent UK

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Bipartisan Group of Prominent Legal Scholars and Former Government Officials Files Amicus Brief Supporting Our Case Challenging Trump's "Liberation Day" Tariffs

Signers include Steve Calabresi, Harold Koh, Richard Epstein, Michael McConnell, Alan Sykes, former Attorney General Michael Mukasey, and others.

Reason

Motion for Preliminary Injunction, Temporary Restraining Order, and Summary Judgement in Our Case Against Trump's "Liberation Day" Tariffs

The motion was filed today, and sets out our case in detail.

Reason

California Files Lawsuit Against Trump's Tariffs

They challenge both the "Liberation Day" IEEPA tariffs, and earlier ones imposed on Canada, Mexico and China.

Reason

Are Trump's 'Liberation Day' Tariffs Illegal?

Several businesses harmed by Trump's "Liberation Day" tariffs have filed a lawsuit challenging his use of emergency economic powers.

Reason

Liberty Justice Center and I File Lawsuit Challenging Trump's "Liberation Day" Tariffs

It was filed today in the US Court of International Trade.

Reason

Chinese Exports Soared In March Ahead Of Trump's 'Liberation Day'

China said Monday that exports soared more than 12 percent last month, beating expectations as businesses rushed to get ahead of swingeing tariffs imposed by US President Donald Trump on his so-called "Liberation Day".

International Business Times

Trump Tariff Pause Gets Mixed Reaction From Business Leaders: 'Good to be liberated from Liberation Day'

Trump's 90-day tariff halt on 9 April 2025 sparked a market surge and mixed vibes from CEOs, with relief tempered by China's 125% levy and lingering uncertainty

International Business Times UK

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The Independent UK

Trump tech bros have lost a whopping $80 billion in net worth since ‘Liberation Day’

CEOs of Meta, Amazon and Tesla have seen billions of their net worth wiped in one week as a result of the tariffs

The Conversation

Canada was mostly spared from Trump’s reciprocal tariffs, but it must not grow complacent

United States President Donald Trump’s so-called Liberation Day introduced sweeping reciprocal tariffs on approximately 60 countries on April 2.

Fortune

Musk, Zuckerberg and Bezos have lost $80 billion of net worth since Trump's 'Liberation Day'

Billionaire backers of President Donald Trump are watching their fortunes tumble as tariffs take a toll on Big Tech.

The Independent UK

From oil to gold: How Trump’s ‘Liberation Day’ shook the world in four charts

The impacts of Trump’s tariffs have hit economies across the world

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Latin Times

Some Analysts Are Advising Investors To 'Think Twice' Before Leaving The Stock Market Despite Trump Tariff Downturn

Trump's "Liberation Day" tariffs sent the stock market into a frenzy. But experts are advising investors to not so readily give up on their stocks yet.

Newsroom.co.nz

The Kiwi companies that insulated themselves from Trump’s trade war

Businesses have had months to prepare for Trump's tariffs, by diversifying or moving inventory across the US border ahead of time – but it won't protect them from the Liberation Day hit, writes Andrew Bevin.

Fortune

Trump's 'Liberation Day' leaves the world trading system without a leader: 'The era of rules-based globalization and free trade is over'

For decades, the U.S. was at the center of the rules-based trading system, thanks to the WTO and its massive consumer market. No longer.

Fortune

'China plus one' bets unravel as Southeast Asian economies get steep 'Liberation Day' tariffs

Companies that embraced supply-chain diversification by moving some operations to economies geographically close to China now face an array of bad options.

Latin Times

Rand Paul Becomes The Latest Republicans To Plead For a Stop To Trump's Tariffs Before 'It's Too Late'

Sen. Rand Paul (R-Ky.) published an opinion article in Fox News pleading with the party to stop Trump's escalating trade wars after "Liberation Day."

International Business Times

Trump Tariffs On Mexico: The Good, The Bad, The Unknown

At first glance, Mexico got off lightly from Donald Trump's "Liberation Day" tariffs blitz.

Reason

Why Trump's "Liberation Day" Tariffs are Illegal

They weren't authorized by Congress and go against the major questions and nondelegation doctrines.

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People

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