CIO Office Note – April 3, 2025

Liberation Day

Yesterday afternoon, President Trump announced a slew of reciprocal tariffs on approximately 60 countries around the globe in what he called “Liberation Day”. His reasoning behind the move stems from what the President had deemed as unfair trade practices by other countries on the United States, where the U.S. was being charged higher tariffs on its exports than what it charged on the exports of these countries.

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