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Trump Tariffs Set to Go Live on 'Liberation Day'
The New Indian Express Madurai
|April 03, 2025
Tariffs a bid to boost US manufacturing, but threatens to plunge global economy into tailspin and mangle alliances
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AFTER weeks of hype and public anxiety, US President Donald Trump is set to announce a barrage of reciprocal tariffs on friend and foe alike.
The new tariffs, coming on what Trump has called "Liberation Day," are a bid to boost US manufacturing and punish other countries for what he has said are years of unfair trade practices. But by most economists' assessments, the risky move threatens to plunge the economy into a downturn and mangle decades-old alliances.
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