Donald Trump is on a mission to ‘make America rich once more’. Talking outdoors the White Home, he stated for too lengthy the nation had been ‘looted, pillaged, raped and plundered by nations close to and much, each buddy and foe alike’. Now that may come to an finish, he stated, as he slapped eye-watering tariffs on international locations all over the world.
The Guardian’s senior economics correspondent, Richard Partington, explains why Trump has taken such motion and the way it may have an effect on the worldwide financial system. ‘It may come at large prices to customers,’ he says, as markets all over the world react with confusion. With costs within the US additionally prone to rise, will voters quickly rue what the president has known as ‘liberation day’?
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