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"What makes Mr Trump’s 'Liberation Day' so dangerous is its scale. In 2024, the US ran a $1.2tn trade goods deficit. Only two months from his White House return, Mr Trump has imposed tariffs on goods from Canada, Mexico, China, all steel and aluminium imports, and foreign cars and auto parts. Next up: friends in Asia, including Japan, South Korea, Taiwan, India and Vietnam."

~ The Guardian

#Trump #tariffs #LiberationDay #recession #inflation #trade
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https://www.theguardian.com/commentisfree/2025/apr/01/the-guardian-view-on-donald-trumps-tariffs-a-spectacle-of-struggle-and-control