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The simple math behind Trump’s tariffs

  • Donald Trump announced tariffs of at least 10 percent on every nation during what he called 'Liberation Day.'
  • Financial journalist James Surowiecki criticized Trump's tariff rates as being based on fabricated numbers and not accurate reflections of actual trade tariffs.
  • Mexican President Claudia Sheinbaum introduced measures to boost local industries and outlined actions to become more self-sufficient in response to U.S. Tariffs.
  • Economic expert Sergio Luna noted that Mexico has a very open economy heavily reliant on U.S. Exports, which could lead to challenges due to the tariffs.
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SDPnoticias.com broke the news in on Thursday, April 3, 2025.
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