Gone in 40 days: how Trump’s ‘liberation day’ tariff assault unraveled

News Snapshot:

Donald Trump hailed a new chapter in the US’s economic history on 2 April, dubbed “liberation day” by his administration, as he announced plans for an extraordinary barrage of US tariffs on the world. The chapter lasted 40 days. The page has already been turned. But the impact of those six chaotic weeks, from higher prices to slowing growth, is still unfolding – and the US president is already threatening further adjustments. The story continues. Trump had been steered away from his aggressive instincts on trade during his first term, and persuaded to walk back several tariff threats in the...