A Price Too High: The Fallout of a Trade War

On April 2, 2025, President Donald Trump made a stunning proclamation, dubbing it “Liberation Day” as he unveiled sweeping new tariffs. In a bold move meant to champion domestic industry, he imposed a 10% blanket tariff on all imports, with even harsher penalties for 60 countries he labeled the “worst offenders.” Among the hardest hit…

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