A Year After Liberation Day What are Corporate Filings Revealing About the Tariff Era?
On April 2, 2025, “Liberation Day,” the Trump administration announced sweeping reciprocal tariffs that redrew the map of U.S. trade policy overnight. One year later, the landscape looks nothing like what was announced that day. During the last year, various countries have agreed to new trade deals with the Trump administration, while, at a firm level, tariff policy…