While Trump remains steadfast in his view that tariffs will boost the US economy, economists warn of recessions and economic shockwaves as the tariffs turned out harsher than previously expected.">
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World reels from Trump's new 'reciprocal' tariffs

So-called “Liberation Day” harsher than expected

Isabeau van Halm
US President Donald Trump announces his reciprocal tariff plan on April 2, 2025

US President Donald Trump announces his reciprocal tariff plan on April 2, 2025 | Credits: White House

US President Donald Trump revealed the details of his "reciprocal tariff plan" yesterday, during what Trump dubbed "Liberation Day". The plan involves tariffs ranging from 10% to 50% country-by-country. ...

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