Bloomberg Television coverage of Liberation Day Tariffs for Loeb Awards. Aired on March 13, 2025.
Bloomberg Markets and Finance
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April 27, 2026 at 10:46 PM UTC
Bearish
90% Confidence
Watch on YouTube
Key Points
- President Trump announced a 10% base tariff rate on all trading partners, with higher reciprocal tariffs for specific countries.
- China faces a 34% tariff, the EU 20%, Japan 24%, and Vietnam 46%, while Canada and Mexico are exempt under the USMCA.
- The announcement triggered a sharp decline in S&P and Nasdaq futures, with major tech stocks like Apple and Nvidia, and auto manufacturers like GM and Ford, seeing significant drops in after-hours trading.
AI Summary
President Trump announced new 'Liberation Day' tariffs, including a 10% base rate on all trading partners and higher reciprocal rates for countries like China (34%), EU (20%), and Japan (24%). This policy shift, effective April 5th and 9th, excludes Canada and Mexico, leading to a significant tumble in US futures and declines in major tech and auto stocks.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bearish | 90% |
| Consensus | Bearish | 90% |