Trump’s New Tariffs: A Bold Strategy or Economic Gamble?
On April 2, 2025, U.S. President Donald Trump announced a sweeping set of new tariffs, branding the day as "Liberation Day" for American industry. These measures include a universal 10% tariff on all imported goods, a 20% tariff on European products, and a staggering 54% tariff on Chinese imports. Additionally, tariffs have been adjusted for specific countries, with varying rates depending on strategic and economic relationships. While Trump’s supporters hail these moves as a step toward revitalizing domestic manufacturing, economists and trade experts warn of severe consequences.
