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flag President Trump announces new tariffs, "Liberation Day," amid warnings of a potential trade war.

flag Former US President Donald Trump is set to announce "Liberation Day" tariffs on Wednesday at 4 PM, with immediate effect. flag The tariffs aim to match any levies other countries impose on the US and could affect nearly all trading partners. flag The specific tariff rates and targeted countries are yet to be disclosed, but the move has raised concerns over potential higher prices for consumers and the risk of a trade war. flag While Trump argues the tariffs will boost American competitiveness, economists warn they could disrupt economic growth.

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