Trump to go ahead with reciprocal tariffs as nervous world awaits trade war

America’s allies and foes alike are waiting with bated breath, as President Donald Trump doubles down on his promise to introduce fresh tariffs on what he has called “Liberation Day”. He is expected to announce taxes on other countries’ imports on Wednesday (Apr 2) afternoon. Pushan Dutt, professor of economics and political science at INSEAD, shares with CNA’s Asia First his thoughts on what Trump’s goal is behind the tariffs and how various countries could react.

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