Everyone will remember day he launched a total trade war
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Trump administered an extraordinary shock that went against the advice of almost every economic expert and the lessons from some of history’s grimmest omens.
From CNN
US stocks opened lower Monday as markets around the world tumbled over concerns about how President Donald Trump’s sweeping tariffs might upend the global economy and stymie US economic growth.
From CNN
Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing.
From Houston Chronicle
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Trump has called the day of his announcement “Liberation Day” and billed it as a moment he is remaking the American economy. He promised that income from the new tariffs would reduce taxes and pay down U.S. debt.
Trump has imposed world-spanning tariffs. China has responded in kind and further retaliation across Europe and Asia remains expected
The US began collecting a 10% "baseline" tariff on all imports on Saturday as President Donald Trump urged Americans to "hang tough" after market turmoil. The UK and France are among hundreds of countries impacted and its leaders have said nothing is off the table.