As President Trump abruptly shifted course on tariffs, The Associated Press responded with fast, coordinated coverage that explained the evolving policy and its global implications.
After Trump announced sweeping tariffs—referring to it as “Liberation Day”—markets dropped and businesses warned of rising costs. Within days, the administration walked back most of the levies, except for a steep 145% tariff on China.
AP teams across departments worked together to deliver clear, accurate, and impactful reporting, steering clear of false rumors that misled some other outlets. The coverage captured broad consequences: rising tension in U.S.-China relations, volatility in the bond market, and uncertainty for both global exporters and American consumers.
AP reporters and photographers provided vivid imagery and storytelling, including compelling visuals from the world’s largest wholesale market in China and features on small U.S. businesses bracing for economic fallout.
Throughout the coverage, AP fielded reader questions, maintained coordinated cross-bureau communication, and brought clarity to a complex and fast-moving economic story—demonstrating the power of its global footprint.
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