💨 Abstract

President Donald Trump announced new tariffs on imported goods, dubbing it 'Liberation Day', with the aim to 'Make America Wealthy Again'. The tariffs, affecting most trading partners, are intended to improve US competitiveness, reduce trade deficits, and secure economic and national security. The tariffs have sparked concerns for potential impacts abroad and domestically, and have led to trade tensions with countries such as Canada, China, and Mexico.

Courtesy: metro.co.uk

Summarized by Einstein Beta 🤖