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Trump's tariffs: Protectionism VS economic consequences with Francesco Saraceno

  • Donald Trump's widest-ranging tariffs took effect recently, impacting global trade.
  • Trump invoked emergency economic powers, citing trade deficits as justification.
  • A 10% baseline tariff now affects most U.S. Imports, excluding Mexico and Canada.
  • Trump stated, "My policies will never change," while EU trade chief Sefcovic pledged a calm response.
  • Economists warn the tariffs could trigger retaliation, escalating trade tensions, and dampen growth.
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  • 35% of the sources lean Left
35% Left
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freepress.org broke the news in on Friday, April 4, 2025.
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