• News
  • World News
  • US News
  • Trump tariffs not long-term, only leverage? Republican leader drops major hint ahead of Liberation Day announcement

Trump tariffs not long-term, only leverage? Republican leader drops major hint ahead of Liberation Day announcement

Trump tariffs not long-term, only leverage? Republican leader drops major hint ahead of Liberation Day announcement
All eyes on Donald Trump for his Liberation Day tariff announcements.

With much of Donald Trump's Liberation Day tariffs remaining secret till the last hour, tempers are rising ahead of the announcement today. Republican leader Amdrew Clyde dropped a major hint though it was his personal idea about Trump tariffs as he said he believes that Trump tariffs are not going to be long term and only a way to gain some leverage for the president.
"I think we should be giving President Trump the benefit of the doubt. Because this is his second term. He used tariffs very effectively in the first term. I don't think the tariffs he has in his mind are going to be long-term. I think he's using them as leverage. He's a very effective negotiation," the Rep leader said adding that he has trust in Trump that he has the situation completely under control.
Also See: Donald Trump Tariff
According to reports, Trump finalized the tariffs Wednesday hours before unveiling them in front of the world as discussions went on with no final decision made on Tuesday.

Donald Trump has been teasing these tariffs since coming to power and added more to his tariff arsenal as he announced reciprocal tariff,m secondary tariff etc. Reciprocal tariff will be imposed on every country that taxes US products, he said, though no details have emerged so far. Apart from these tariffs, there are 25 per cent tariffs in Mexico and Canada as well as tariffs on lumber, copper, pharmaceuticals and microchips.
Rose Garden all set for Liberation Day event

Liberation Day, Recession Day


Donald Trump has touted April 2 as Liberation Day as Americans will be getting liberation from other countries ripping it off. House Minority Leader Hakeem Jeffries told reporters that President Donald Trump’s plan to impose sweeping tariffs on America’s trading partners would trigger a recession. “Trump tariffs are going to make things more costly in the United States,” he said today at a news conference. “Republicans are crashing the American economy in real time and driving us to a recession,” Jeffries said. “This is not Liberation Day, it’s Recession Day.
author
About the Author
TOI World Desk

At TOI World Desk, our dedicated team of seasoned journalists and passionate writers tirelessly sifts through the vast tapestry of global events to bring you the latest news and diverse perspectives round the clock. With an unwavering commitment to accuracy, depth, and timeliness, we strive to keep you informed about the ever-evolving world, delivering a nuanced understanding of international affairs to our readers. Join us on a journey across continents as we unravel the stories that shape our interconnected world.

End of Article
Follow Us On Social Media