Politico: Markets Brace For Trump’s “Liberation Day”

Politico Playbook reports:

48 hours out from what Trump has called “Liberation Day” — a moment of protectionism so significant Steve Bannon wants it to be made a federal holiday — there’s still no real clarity about what’s coming. Every business leader and K Street lobbyist will tell you that the thing they hate most is uncertainty. And once again, they have it in spades.

Of all Trump’s activities as president, it’s his high-risk moves on the economy which will cost him most dearly with U.S. voters if things go wrong. His comments to NBC News on Saturday that he “couldn’t care less” if tariffs send the price of cars rocketing are the sort of thing that will come back to haunt him if his big bet on a tariff-based

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