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Tariffs

Trump’s ‘Liberation Day’ tariffs are the highest in decades − an economist explains how that could hurt the US

President Donald Trump unveiled a sweeping new tariff plan on April 2, 2025, to reshape U.S. trade and boost domestic industry. Framing the announcement as “Liberation Day,” he proposed a 10% tariff on essentially all imports, with steeper rates for major trade partners, including 34% on Chinese goods and 20% on those from the European […]

The Truth About Donald Trump’s “Liberation Day”

After weeks of nervous anticipation in the financial markets and in the capitals of America’s trading partners, Donald Trump’s “Liberation Day” tariffs have arrived, and, even by his standards, they are shockingly high and wide-ranging. “For decades our country has been looted, pillaged, raped, and plundered by nations near and far,” Trump said on Wednesday […]