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Home World Canada

SHAPIRO: The problem with Trump’s ‘Liberation Day’ tariffs

4 April 2025
in Canada
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SHAPIRO: The problem with Trump’s ‘Liberation Day’ tariffs
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In response to threats of levying massive tariffs on imported products, U.S. President Donald Trump has implemented “Liberation Day” tariffs, aiming to address trade imbalances. However, the tariffs are based on flawed calculations, misrepresenting actual tariff rates and imposing disproportionate penalties on countries with trade deficits. This approach risks economic instability and may hinder the full implementation of Trump’s policies.

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Tags: DayLiberationproblemShapiroTariffsTrumps
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