For Trump, tariff gamble brings political risk


  • World
  • Thursday, 03 Apr 2025

U.S. President Donald Trump walks on the day of his remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. REUTERS/Carlos Barria

WASHINGTON (Reuters) -He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his party and economic pain for his constituents if his promises to recast the economy do not work out.

Experts say it will take years to rekindle U.S. manufacturing, alter supply chains and bring home production, the goals Republican Trump and his supporters suggest his tariffs will achieve.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Son-in-law of Venezuela opposition leader Edmundo Gonzalez freed from prison
Putin says who owns Greenland is of no concern to Russia, says it might be worth $1 billion
Three people shot dead in eastern Australia, town in lockdown
Wounded Ukrainian veterans find healing on stage
US set to quit World Health Organization
Rescuers search for survivors after landslide at New Zealand campsite
Trump reversal on Greenland followed push by aides against military option, sources say
After vanishing from view, two US-seized Venezuela oil tankers reappear near Puerto Rico
Australia begins day of mourning for victims of Bondi Beach attack
Vietnam's Lam edges closer to new leadership term as decisive congress cut short

Others Also Read