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Emeritus Prof Christopher May /
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2025-04-02 21:17:50

Emeritus Prof Christopher May on Nostr: So 'Liberation Day' has produced a general 10% tariff for all imports plus top up ...

So 'Liberation Day' has produced a general 10% tariff for all imports plus top up 'reciprocal' tariffs on trading 'partners' depending on their particular (taxation) circumstances... Trump is also going big on restoring (especially for Big Pharma).

So we are now entering a political economic experiment few of us signed up for, the consequences of which remain unclear (despite historical parallels) - but one things is sure:

buckle up its going to be a bumpy ride!

#trade #tariffs #politics
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