Donald Trump is billing April 2 as “Liberation Day”, when the US sheds the shackles of unfair competitors due to worldwide tariffs. We take a look at the veracity of the US president’s worldview and ask: how a lot is theatrics that may play nicely in constituencies the place manufacturing jobs have disappeared? How a lot is a real sense of grievance? Or has the world’s prime superpower merely grown uninterested in enjoying guarantor of world free commerce? In any other case, why take a look at the foundations of globalisation whenever you already dominate world tech and monetary companies? Within the quick time period, the US can inflict loads of ache. In any case, it controls the world’s most trusted foreign money, the almighty US greenback. Is that belief gone and gone for good? Even when it is all bargaining ways and Trump in the end rolls again these tariffs?
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