US Liberation Day Tariff Announcements

US President Donald Trump is set to announce wide-ranging tariffs in an event he named "Liberation Day." The moves could significantly affect global trade and financial assets.

Wednesday 2 April 2025 20:00

Trading range

Past events

Date
Wednesday 2 April 2025 20:00

Economic context

Recent economic data has been broadly neutral for USD. The following recent announcements may affect the market reaction to US Liberation Day Tariff Announcements:

PreviousLatest
Michigan Consumer Expectations IndexBearish change55.951.8
Michigan Consumer Sentiment IndexBearish change58.255.4
UoM 1-year Consumer Inflation Expectations(no change)4.8%4.8%
UoM 5-year Consumer Inflation ExpectationBullish change3.5%3.9%
Monthly Budget StatementBearish change$-291B$-345B
Consumer Price Index (MoM)Bullish change0.2%0.4%
Consumer Price Index (YoY)Bullish change2.7%2.9%
Consumer Price Index ex Food & Energy (MoM)(no change)0.3%0.3%
Consumer Price Index ex Food & Energy (YoY)(no change)3.1%3.1%
Initial Jobless ClaimsBearish change236K263K
Producer Price Index (MoM)Bearish change0.7%-0.1%
Producer Price Index (YoY)Bearish change3.1%2.6%
Producer Price Index ex Food & Energy (MoM)Bearish change0.7%-0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change3.4%2.8%
Average Hourly Earnings (MoM)(no change)0.3%0.3%
Average Hourly Earnings (YoY)Bearish change3.9%3.7%
Labor Force Participation RateBullish change62.2%62.3%
Nonfarm PayrollsBearish change79K22K
U6 Underemployment RateBearish change7.9%8.1%
Unemployment RateBearish change4.2%4.3%
ISM Services Employment IndexBullish change46.446.5
ISM Services New Orders IndexBullish change50.356
ISM Services PMIBullish change50.152
ISM Services Prices PaidBearish change69.969.2
S&P Global Composite PMIBearish change55.454.6
Initial Jobless ClaimsBearish change229K237K
Nonfarm ProductivityBullish change2.4%3.3%
Unit Labor CostsBearish change1.6%1%
ADP Employment ChangeBearish change106K54K
Challenger Job CutsBullish change62.075K85.979K
Factory Orders (MoM)Bullish change-4.8%-1.3%
JOLTS Job OpeningsBearish change7.357M7.181M
ISM Manufacturing Employment IndexBullish change43.443.8
ISM Manufacturing New Orders IndexBullish change47.151.4
ISM Manufacturing PMIBullish change4848.7
ISM Manufacturing Prices PaidBearish change64.863.7

About US Liberation Day Tariff Announcements

Country:United States
Currency:USD
Source:
Category:Politics
Frequency:Irregular
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