Finance & economics| Industrial blight
Trump’s “Liberation Day” is set to whack America’s economy
A rush of new tariffs will hurt growth, raise prices and worsen inequality
President Donald Trump speaks during a swearing-in ceremony for Commerce Secretary Howard Lutnick in the Oval Office of the White House.
Photograph: Eyevine
EVEN HIS most ardent detractors would grant that Donald Trump is a masterful marketer. So it goes for the barrage of tariffs that he is set to unveil on April 2nd. The president has promised they will mark “Liberation Day” for America—a turning point when the country starts to claw back the respect and money that, he thinks, it has lost over the decades.