US EditionEconomists forecast the full impact of Trump's 'Liberation Day' tariffs. The US is hit the hardest
- President Trump announced 'Liberation Day' tariffs on April 2, 2025, impacting numerous countries and global trade.
- The US administration claims tariffs will reduce the trade deficit and address unfair trade practices.
- A baseline 10% tariff applies universally, with higher reciprocal tariffs for specific nations like Vietnam and China .
- Trump stated the new policy would ensure the US would no longer be 'raped' by trading partners.
- Economists predict GDP decreases in the US and globally; a potential recession looms due to the tariffs.
27 Articles
27 Articles
Why Trump's 'Liberation Day' Tariffs Will Shackle Black Folks Harder Than Everyone Else
Some of our posts include links to retailers. If you buy something from clicking on one, G/O Media may earn a commission. Because editorial staff is independent of commerce, affiliate linking does not influence our editorial content.President Donald Trump stepped into month three of the Best Presidency Ever™ by implementingtariffs of at least 10% across all countries, kicking off trade wars with countries who make a healthy amount of things you …
Letter: Trump's tariffs will hit our wallets hard
To the editor: Have you seen those new tariffs President Trump just announced? He's slapping taxes on imports from 185 countries — basically the entire world. While he calls it "Liberation Day," I'm wondering if our wallets will feel very liberated. Let's be honest — many voted for Trump because they were sick of high prices at the grocery store and gas pump. Remember the photo op when the multi-millionnaire worked the fry station at McDonald's …
Letter: Tariffs ineffective at best, ruinous at worst | Honolulu Star-Advertiser
Never mind thinking about buying a new car after the Trump administration’s Liberation Day. I’m thinking about groceries costing more each time I visit the store. I’m thinking about whether I will be able to afford internet service that enables me to learn the next thing that affects my daily life. Never mind watching television.
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