Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal

Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal

President Trump’s self-proclaimed “liberation day,” in which he announced across-the-board tariffs on the United States’ trading partners, carries an echo of another moment when an advanced Western economy threw up walls around itself. Like Brexit, Britain’s fateful vote nearly nine years ago to leave the European Union, Mr. Trump’s tariffs struck a hammer blow at…

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Trump Tariffs Live Updates: Global Powers Warn of Trade War Over New Tariffs

Trump Tariffs Live Updates: Global Powers Warn of Trade War Over New Tariffs

April 3, 2025, 4:05 a.m. ET An electronic board showing Nikkei share average in Tokyo, Japan on Thursday.Credit…Kim Kyung-Hoon/Reuters After being smacked with double-digit percentage tariffs by a key ally, Japan finds itself with few retaliatory options. Since President Trump began threatening broad tariffs in January, Japan has pursued a conciliatory strategy, with Prime Minister…

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