Trump tariffs: What can we expect on 'Liberation Day'?

Stock markets have plummeted ahead of the implementation of US tariffs but what can we expect to happen?

Sky's Ed Conway takes a look ahead to "Liberation Day".

#trump #tariffs #skynews #usa #aluminium #donaldtrump

[roconnor]

I worked with Import Customs Tariffs for 30 years, and if the American public think it is the exporting countries who pays these import taxes (because that's what tariffs are), they are in for a rude awakening.

[Friala]

It’s gonna be hilarious when everyone just ignores the US and creates their own trading blocs.

[jurraatjes-gj]

Please stop calling liberationday, lunaticsday is preffered

[mainro.s]

When a clown moves into a palace, he doesn't become a king. The palace becomes a circus." - Turkish Proverb.
That circus has now become the White House, thanks to one clown.

[vitalys]

Putin just bought some popcorn and smokes a cigar watching this cos Russia sells 3bn worth of goods to US a year. Trump has no cards.

[maxharbig]

No one knows and Trump probably least of all.

[CC-lqst]

I don't get Sky news....They were cheering for Trump during the they regret it lol

[SD-efqp]

In reality he is just celebrating April fools day on 2nd 😂.

[HungPham-qmh]

I remember when I just got into Stock/Crypto market back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2024 with 10k and I’m up with 128k in a short period of time.

[mobilml]

The US economy is already in recession. Now rate cut will ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, Now that the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Luna Dyami whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[meglobob]

It all depends on what mood Trump wakes up in today. Interestingly at the moment other companies exporting to the USA are benefiting, as US companies stockpiling due to the uncertainty, so exporters to the USA are selling loads. That won't last however, 6 months, a year from now the real impact will be felt.

[jameshaga]

Liberation day? Does that mean trump will die and we can be liberated from his stupidity?

[davidlee]

Comrade Trump 🇨🇳 🇨🇳 Always Follow the Party 🇨🇳 ✊️

[US-Patriot-Whisperer]

TRUMP is the worst export from Germany: His profound ignorance is like a Xmas gift that just keeps giving!

[chwondearth]

April 2nd Lubrication day...have fun..😅

[iamlaurenmoe]

If Trump is advocating for economic chaos, it could be part of a strategy in which market crashes are perceived as chances for the ultra-rich to acquire assets at reduced prices. Annually, those with substantial capital tend to benefit disproportionately during periods of volatility

[blackvirus]

Don't worry, i'm not buying US goods.

[thomaspickard]

What can we expect nothing good for anyone 😑

[sc]

Dow Jones 1/30/25 44, 548. Today 4/1/25 41, 488. Happy April fools day. Unfortunately the fool Trump is real

[milkd.]

This is essentially a "tax" on the middle class.