Global Impact of ‘Liberation Day’ Tariffs

President Donald Trump carried through with his global tariffs for what he deemed “Liberation Day.” This includes sharp tariffs against many countries in the world, while offering a way out if they drop their tariffs and trade barriers against the United States. The day after, the stock markets saw a huge selloff, in what some framed as an attempt to short the market. Yet already, many countries are saying they’re ready to negotiate.